N.Y. Times to sell Boston Globe

In a memo that went out this afternoon, The New York Times confirmed that they are planning to sell The Boston Globe.

“This was not an easy decision as the New England Media Group has, for many years, brought tremendous value to our Company,” publisher Arthur Sulzberger and CEO Mark Thompson wrote in the newsroom memo. ” While part of the Times Company, The Boston Globe has been awarded 10 Pulitzer Prizes and many other professional awards.”
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