BU Now » New York Times Company http://blogs.bu.edu/bunow News, information and research from Boston University Wed, 21 Sep 2011 18:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 Times keeps Globe http://blogs.bu.edu/bunow/2009/10/15/times-keeps-globe/ http://blogs.bu.edu/bunow/2009/10/15/times-keeps-globe/#comments Thu, 15 Oct 2009 15:28:30 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=3420 Boston Globe logoAfter months of forcing cutbacks and considering bids, The New York Times Company decided to keep the Boston Globe after all.  College of Communication Dean Tom Fiedler, a Pulitzer-winning former Miami Herald executive editor, says the key reasons were the “stunningly low” offers and the new optimism about the Globe’s prospects.

“Add to that significant new revenue from a hike in the Globe’s price and the gradual return of recession-battered advertisers, and the Times may be envisioning a balance sheet in the black.”

Contact Tom Fiedler, 617-353-3488, tfiedler@bu.edu

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