LOS ANGELES — The New York Times Co. said Wednesday that it is putting The Boston Globe and its related assets up for sale four years after it called off a previous attempt to sell the newspaper.
Mark Thompson, the Times' chief executive, said in a statement a sale would be in the best long-term interests of both properties, "given the differences between these businesses and The New York Times."
The newspapers' differences are stark. The Times has a national — even international — audience. Last year, it even launched a Chinese-language website. The Globe is focused on its readers in the New England region.
Thompson said the sale would help the company focus on The New York Times' brand and journalism.
Along with the Globe, the Times plans to sell the Worcester Telegram & Gazette; the publications' related websites; the Globe's direct mail marketing company, GlobeDirect; and a 49 percent interest in Metro Boston, a free daily newspaper for commuters.
- Lawmakers looking to pump up gas tax this...
- Knocking doors: What to know before signing...
- Are you part of the global 'baby shortage'?
- Nintendo opens 2015 with some big announcements
- Kimberly Rotter: 7 weird things that affect...
- Greek radical left wins election, threatening...
- Faith leaders: your secret weapon in the...
- EPA inventory highlights 'toxic' releases;...
- Lawmakers looking to pump up gas tax... 39
- EPA inventory highlights 'toxic'... 20
- Analysis: Obama seizes on recovery,... 17
- Obama's proposed mandatory paid... 13
- Utah has fourth largest gender wage... 12
- Are you part of the global 'baby... 12
- Another study lists Salt Lake as one of... 10
- Survey ranks Utah's best and worst... 9