5 Stories

Don't Sell the Times... Yet

(Newser) - The New York Times' ruling Ochs-Sulzberger family has a “habit of buying high and selling low,” writes John Gapper of the Financial Times. The clan sold the paper’s old Times Square building at a bargain price and bought back shares near their zenith. Now Arthur Sulzberger Jr.... More »

Debt May Force Sulzbergers to Sell NYT Stake

Family still spending like it's 1999; Mexico's Slim waits in wings

(Newser) - The Ochs-Sulzberger family may be forced to sell its controlling interest in the New York Times, according to the rival Post, which helpfully points out that family members are also spending far more than they're pulling down at the paragraph factory. Thanks to the recession and the newspaper’s floundering... More »

Sulzberger: the Wrong Savior for the New York Times

(Newser) - Newspaper scion Arthur Sulzberger Jr., who "has spent a lifetime faithfully placing his feet in his father’s footsteps," Mark Bowden writes in Vanity Fair, may be exactly the wrong guy to pull the New York Times out of the financial death spiral it seems to be in.... More »

Times Bars Note on Caroline's Rumored Affair With Publisher

'We don't report that stuff,' sniffs Gray Lady

(Newser) - The New York Times will report almost anything newsworthy—except a rumored affair between its publisher and Caroline Kennedy, Gawker reports. When a reader commented on the paper’s City Room blog wondering if the Times would address the gossip surrounding the two, the comment was deleted with the explanation... More »

Bloomberg Won't Buy NY Times

Billionaire not interested in ailing paper

(Newser) - If the New York Times is wooing potential buyers as many have speculated, New York City Mayor Michael Bloomberg seems to be an ideal suitor. He heads a media empire, has a $12 billion fortune and the acumen to go mano-a-mano with Rupert Murdoch's Wall Street Journal—and he'll have... More »

5 Stories