NYT Co. sold sliver of Red Sox stake for $9M profit

Boston Globe
The Times Co. has sold only a tiny portion of its 18 percent stake in the Red Sox, but the sales price was almost triple what the company paid for that slice eight years ago, reports Beth Healy.

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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