Times Co. Won't Go Private, Sulzberger Says

Taiwanese animators explain the news again

(NEWSER) - Here's everything you need to know about the turf war between the Wall Street Journal and the New York Times in the Big Apple ... in animated form. (Get ready for Rupert Murdoch with a fin, and a Jets vs. Sharks homage). The YouTube video comes from Taiwanese New Media Animation, which has tackled other meaty issues of the day here and here . For more on the animators, see this profile in Wired . More»

It's coming 'sometime in the future'

(NEWSER) - This from Arthur Sulzberger Jr.: "We will stop printing the New York Times sometime in the future, date TBD." OK, "this sounds obvious," writes Henry Blodget at Business Insider , "but it's a big deal." Unless the paper finds a "sugar-daddy," it will surely have to downsize over time given the realities of online revenue. Blodget estimates the Times spends $200 million a year on its current newsroom, a figure that will likely be cut in half even if the coming paywall is "highly successful" with 1 million or so subscribers. More on Sulzberger's comments at EditorsWeblog . More»

But that plan doesn't have the details

(NEWSER) - If you want to read the New York Times online, it's going to cost you—but not for everything and not until next year. The Times confirmed its planned paywall today, but execs “could not yet answer fundamental questions about the plan.” The Times will allow users to read a certain number of stories for free each month, then charge a flat fee for further unlimited access. But the company isn’t yet sure how much it’ll charge, or how many free articles readers will get. More»

(NEWSER) - Executives at Rupert Murdoch's News Corp. have been meeting with rival newspaper publishers about a consortium that would charge for web content. The publishers of the New York Times, Washington Post, and Los Angeles Times are all believed to have met with Jonathan Miller, the News Corp. officer overseeing digital strategy. But analysts remain skeptical that any payment scheme will make a significant dent in papers' balance sheets. More»

(NEWSER) - The New York Times Company has hired Goldman Sachs to handle a possible sale of the Boston Globe, the Globe reports. Goldman, which has also been trying to help the Times Co. unload its 17.5% stake in the Red Sox, has been telling prospective buyers it would accept bids after June 8, regardless of the outcome of the vote on pay and benefit cuts by the Globe's largest union. More»