It would be like taking one for the team.
Besides, a world without the NY Times would actually have more freedom by taking away one of the power source for leftwing radicals in the press.
So, it would mean more freedom, and a better business climate.
So it may actually be an investment with a return.
And think of all the trees that would be saved.
NYT has a valuation of 1.9 billion. It also has hundreds of millions in secured & unsecured debt. NY is a basket case anyway. L.A. Times would be a much better bet.