Articles about "Boston Globe"


Boston Globe Future

Red Sox owner will buy Boston Globe for $70m

The Boston Globe | The New York Times Co. | The New York Times | Bloomberg

Red Sox owner John Henry will buy the Boston Globe from the New York Times Co. for $70 million cash, the Globe’s Beth Healey reports.

Henry’s purchase also includes the Worcester Telegram & Gazette, the Globe’s printing business, its websites and an interest in the commuter paper Metro Boston.

His offer beat reportedly beat bids by U-T San Diego owner Doug Manchester; Robert Loring of Revolution Capital, which owns the Tampa Tribune; and a group led by Ben and Steve Taylor, whose family once owned the Globe. Henry had previously been involved in a bid involving the New England Sports Network but launched a solo bid after that ended.… Read more

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Boston Globe did a good job using Twitter after Marathon bombings, Twitter says

Twitter Blog

Twitter “became a crucial part of the journalist’s toolkit” after the Boston Marathon bombings, Twitter Data Editor Simon Rogers writes. The Boston Globe used the microblogging service particularly well:

In the midst of a deluge of information over that week, the Globe remained a credible channel of news, sifting through reports to highlight verified and important information. The Globe used Twitter as a news distribution channel tweeting a lot — and retained and enhanced its credibility.

Mentions of the Globe’s content jumped in the days following the blasts:

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Chicago Blackhawks ad in Boston Globe salutes city’s ‘gracious spirit’

We’ve reported on the Chicago Tribune sending the Boston Globe pizzas after the Boston Marathon bombings and taking back part of its tribute to the city’s sports teams during the Stanley Cup finals. So it seems appropriate to note the ad that the Chicago Blackhawks, who won the Cup, placed on page A9 of Friday’s Globe.

Called “An open letter to the Boston Bruins organization & the city of Boston,” the ad says “we were deeply touched by what happened off the ice.”

“Like the rest of the world, Chicagoans have been reminded in recent days of Boston’s strength. Please know we tip our hat to your city’s big heart and gracious spirit. You lead by example and have set the bar very high for others to follow.”

Photo of the ad after the jump (click to view bigger).… Read more

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Boston Globe bids are due today

Bloomberg | Financial Times | Boston Globe

Bids for the Boston Globe are due Thursday, and Bloomberg’s Edmund Lee reports they’re likely to come in at around $100 million — a significant haircut given the $1.1 billion the New York Times Company paid for the Globe in 1993.

That’s about $200 million less than Aaron Kushner offered in 2011, Lee reports, and $400 million less than Jack Welch offered in 2006.… Read more

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Senators urge State Department to ramp up efforts to find Tice, Foley

Associated Press

Senators in New Hampshire and Texas are urging the State Department to increase its efforts to find missing journalists James Foley and Austin Tice.

‘‘As the months continue with no further information regarding Mr. Tice’s or Mr. Foley’s whereabouts or welfare, we ask for your continued personal attention to these cases,” New Hampshire senators Jeanne Shaheen and Kelly Ayotte and Texas senators John Cornyn and Ted Cruz wrote in a letter Thursday.

They also asked Secretary of State John Kerry to raise awareness about U.S. citizens being held in Syria and to address it during peace talks in Geneva, the Associated Press reports.

Foley, a freelance journalist for Agence France-Presse and GlobalPost who’s from New Hampshire, has been missing in Syria since November.… Read more

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Boston Globe to print entire press run of Boston Herald

Beginning July 1, The Boston Globe will begin printing the entire press run of the Boston Herald. The two papers announced the 10-year agreement Wednesday afternoon.

The Globe had already been printing and delivering about one-third of the Herald’s print circulation — an agreement the two papers had reached last year.

“This agreement represents an important component for the future of our business,”  Richard E. Masotta, Globe vice president of operations said in a press release that the agreement “represents an important component for the future of our business” and addresses “the structural challenges of our industry.”

Boston Herald Publisher Patrick Purcell is quoted in the same release as saying:

“The newspaper industry, as well as other traditional media companies, has undergone a radical transformation in recent years.… Read more

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Report: Boston Globe bidders include Doug Manchester, Patriots’ owners

The Boston Globe

Bids for The Boston Globe are due June 27, and Beth Healy reports there are eight groups that might submit offers.

U-T San Diego owner Doug Manchester “toured the Globe recently, according to people who saw him,” Healy writes. Revolution Capital Group, which acquired the Tampa Tribune from Media General last October, is also a potential bidder.

Local interest includes the Kraft Group, which owns the New England Patriots; Boston lawyer Shannon Liss-Riordan; and a group including two members of the family that sold the Globe to the New York Times Co.… Read more

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Chicago Tribune sends pizzas to Boston Globe newsroom

“We can’t buy you lost sleep, so at least let us pick up lunch,” a note from the Tribune’s newsroom says. Boston Globe Magazine writer Scott Helman confirms to Poynter the lunch in question is pizza from Regina Pizzeria.

Photo courtesy Michael Levenson

Tribune staffers previously bought drinks for Times-Picayune staffers after they learned their paper was reducing print frequency and staff.… Read more

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Boston Globe sale precipitated by $100 million bid in January

Former Boston Globe President Rick Daniels leads an investor group that offered “more than $100 million” for The Boston Globe in January, Keach Hagey reported Friday night.

“The Times has been in quiet talks for the past year with the buyer group,” Hagey reported.… Read more

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Who will buy The Boston Globe?

The New York Times Co. announced Wednesday afternoon that it would seek a buyer for its New England Media Group, which includes The Boston Globe and the Worcester Telegram & Gazette.

Globe and T&G employees are only some of the people who’d like to know who might buy the properties. They’ll have town hall meetings on Friday with Times Co. vice chairman Michael Golden, Globe Publisher Chris Mayer told staffers in an email Wednesday evening. But the rest of us can only rely on published accounts wondering who might bite on the papers, a process Mayer said he expects “will take several months”…

• Probably none of the people who tweeted #whenibuytheglobe Wednesday. But some of their business plans are pretty funny.

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