New York Times
Arthur Carter's New York Observer loses about $2 million a year, writes David Carr, "and for it to survive a tough stretch for all media, it will take guile and money to take what is a franchise, a sensibility and a mandate rolled into one and push it toward at least revenue-neutrality, and maybe even a real, actual, going business concern." CARTER TELLS CARR: "Some people have expressed interest, but I don't know what the range will be. It has to be the right person or the right entity. There should be a focus on the business side and an understanding of The Observer's edgy sensibility."
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