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Take Your Money Elsewhere

The New York Times Is Not for Sale

Says NYT publisher.

cheats/2013/08/07/the-new-york-times-is-not-for-sale/130409-pamela-paul-nyt-book-review-friedlander-tease_fjd7mo

Richard Drew/AP

Despite both The Boston Globe and The Washington Post both being sold in the same week, Arthur Sulzberger Jr., the publisher of The New York Times and chairman of The New York Times Company, "emphatically declared" on Wednesday that The Grey Lady will be doing no such thing. “Will our family seek to sell The Times? The answer to that is no," Sulzberger wrote in a statement. He added that the paper's success with digital subscriptions, its profitability, and good cash flow are the reasons the paper is "perfectly able to fund our future growth. The Times has both the ideas and the money to pursue innovation."

Read it at The New York Times

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