Publisher of The New York Times Says the Paper is Not for Sale

ReasonReasonThe publisher of The New York Times, the New York Times Co., has said that the newspaper is not for sale. The statement comes in the wake of the announcement that The Washington Post is being bought by Amazon founder Jeff Bezos for $250 million and that The New York Times is selling the Boston Globe to John W. Henry, the principal owner of The Boston Red Sox, for $70 million.

From Reuters:

The New York Times is not for sale, its controlling family and publisher have said, the newspaper reported after a week in which both The Boston Globe and The Washington Post were purchased by new owners.

"Will our family seek to sell The Times? The answer to that is no," the publisher, Arthur Sulzberger Jr., who is also chairman of the New York Times Co., said in a statement reported on the newspaper's website.

Sulzberger Jr. said he and Vice Chairman Michael Golden had spoken to Donald Graham, chairman and chief executive of The Washington Post Co., about his decision to sell the Post and some smaller newspapers and stressed that the NY Times did not plan to follow a similar path.

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  • Pro Libertate||

    I'll just pick up cheap after the bankruptcy filing.

  • CE||

    "We're not for sale" sounds better than "no one in their right mind would buy us".

  • Pro Libertate||

    Pick it up cheap, that is.

  • Dweebston||

  • Citizen Nothing||

    "We've established you're a whore. Now we're just haggling over price."

  • Brett L||

    This is more like the ugly person talking about how s/he chooses not to date.

  • Neoliberal Kochtopus||

    Reading between the lines, it seems to me that this statement is intended to have the exact opposite effect: pique interest in purchasing the Times in the context of other billionaires buying newspapers.

  • VG Zaytsev||

    I thought Carlos Slim already bought it and made Sulzberger his houseboy.

  • John||

    Imagine the kittens that would be had if the Kochs put a couple of billion into Fox News. Yet, the Slim deal is barely mentioned.

    Did you see the story about the CNN President's 15 year old son being on the board of Cory Booker's start up? No conflict of interest there. I am sure CNN would never soft pedal coverage of Booker because of that. And I have no doubt if Roger Ailes went into business with Rand Paul that the rest of the media would be just fine with it.

  • WTF||

    It's okay when Team Blue does it because their motives are clean and pure.

  • JW||

    Imagine the kittens that would be had if the Kochs put a couple of billion into Fox News. Yet, the Slim deal is barely mentioned.

    Leftists' pituitary glands only respond to the color red. Blue is soothing.

  • Stephdumas||

    Just imagine what if the Koch brothers buy the New York Times?

  • Rhywun||

    Armageddon.

  • Eduard van Haalen||

    The earth will open up and swallow the city of New York.

    World ends, women and minorities hardest hit.

  • Almanian!||

    I will blame Bush

  • CE||

    They might even keep the comments sections on articles open for more than an hour, so they aren't dominated by the liberal subscribers before shutting off debate.

  • Neoliberal Kochtopus||

    EPIC LULZ

  • sarcasmic||

    Krugnuts would have to find a real job?

  • Invisible Finger||

    Imagine his apoplexy if just rumors of the Koch brothers buying that rag started happening.

  • DJF||

    But they will sell some of it to Carlos Sim along with use of their editorial page to push amnesty.

  • Zeb||

    They wouldn't have done that anyway?

  • The Late P Brooks||

    The supply of qualified suckers is not very extensive.

  • Eduard van Haalen||

    "We couldn't *give* it away, so we decided to stop trying to unload it on anyone else."

  • ||

    They sell out to liberal politicians all the time, so it's pretty much been for sale.

  • Almanian!||

    OT: This dog hasn't been shot by police....yet. Why you don't stick out your tongue while face to face with your buddy's pit bull...

  • Eduard van Haalen||

    Don't think I'll be checking that link...doesn't sound very appetizing.

  • Almanian!||

    Tongue - it's what's for dinner!

  • Eduard van Haalen||

    Lovely.

  • ||

    Lengua tacos are delicious.

  • JW||

  • SugarFree||

    Maybe the DNC could buy it; they already own it, after all.

  • John||

    That is pretty much what is going to happen. The paper is no longer a going concern. It can't make money doing what it does. Eventually it will run out of existing capital and no longer be able to borrow a buck from the bank. The only reason that won't happen is because rich liberals and liberal foundations will prop it up with cash infusions. Lesser papers will go into bankruptcy. The NYT is too psychologically important to liberals to allow that to happen. So, it will continue as a charity case.

  • ||

    Why would you buy something you already own? You're an idiot. Could you try and make sense? Just try a little.

  • Pro Libertate||

    It's even better than that. They have none of the pain of ownership of a paper, and all of the rewards.

  • John||

    Except that someone has to pay the bills.

  • Hugh Akston||

    Throwing money at losing causes is a favorite sport of lefties. They don't care if their trust funds and stock dividends get flushed down a black hole, as long as they get to feel like they're supporting something that matters.

  • Pro Libertate||

    Right. The Times does that. Not the DNC.

  • John||

    The Times is broke. It loses money faster than Donald Trump's latest trophy wife on a spending spree in Vegas.

  • Pro Libertate||

    It's not broke-broke. After all, they're still publishing propaganda on a national level.

  • SugarFree||

    You have no poetry in your soul, Episiarch. You are a husk.

  • ||

    A husk? This, from the dude who screams himself to sleep every night? Fuck you! I have poetry! It may be a sort of lame poetry, like a poetry slam contest or free form lesbian poetry jams, but it's poetry nonetheless!

  • Neoliberal Kochtopus||

    Episiarch's poetry makes Vogons and Eve Ensler look inspired.

  • Bobarian||

    "like a poetry slam contest or free form lesbian poetry jams"

    I was thinking more along the lines of 70s porn dialog, or haikus celebrating your secret man-crush on Sugarfree

  • SugarFree||

    I was thinking more along the lines of 70s porn dialog, or haikus celebrating your secret man-crush on Sugarfree

    It's sort of a distinction without a difference when it comes to those "poems."

  • SugarFree||

    Please stop testing me poems about how you wish you had a period. You have utterly exhausted all the possible rhymes for "moon."

  • Bobarian||

    I thought the use of 'baboon' was inventive.

    Depraved, but inventive.

  • ||

    But has he exhausted all the possible rhymes for "divacup"?

  • SugarFree||

    I'm pretty sure he longs to free-bleed.

  • ||

    'CAUSE I'M FREE
    FREE BLEEDIN'

    (set to Tom Petty's "Free Falling")

  • ||

    He's got a free flow
    Runnin' down his legs

  • WTF||

    Last chance for menstrual drain
    One more time to feel the pain

  • Brett L||

    "M-E-N-S-E-S spells moon"

  • Hugh Akston||

    Epi's soul is a black Mead spiral notebook with the Evanescence logo scratched into it over and over, full of shitty free verse poetry about black roses, stones at the bottom of lakes, and Sandman characters.

  • SugarFree||

    Episiarch is a Livejournal cliche come to life.

  • John||

    At least he got rid of the one with the Korn and the "I Love Deep Dish" sticker on it.

  • Bobarian||

    Epi's soul?

    WTF are you talking about?

  • The Late P Brooks||

    They have none of the pain of ownership of a paper, and all of the rewards.

    Something something, socialized losses, privatized gains!

  • John||

    And that is what we like to call a government bailout.

  • Bobarian||

    Just think how good a product they'll put out when ownership is shared between the union and the government!

  • Citizen Nothing||

    Newspapers historically have often been vanity projects for the rich.

    "(losing money)...at the rate of $1 million a year, I'll have to close this place -- in 60 years."
    Also: "Rosebud."

  • Citizen Nothing||

    I mean, if I had a billion dollars, and could buy the NYT for $250 million and limit the subsequent bleeding to $25 million a year or so, I'd jump at the chance.

  • OldMexican||

    Publisher of El 'Times' de Nueva York Says the Paper is Not for Sale.


    I just love how you skip the part where nobody asked, Mr. publisher.

  • RBS||

    Ummm...

    "Will our family seek to sell The Times? The answer to that is no," the publisher, Arthur Sulzberger Jr., who is also chairman of the New York Times Co., said in a statement reported on the newspaper's website."

  • John||

    The paper is not for sale sounds a lot like "As GM, I have full confidence in the manager despite the team's struggles".

  • triclops||

    They should have this quote posted out on the front of the NYT building. Underneath it should be one scratch counting off every day it remains true.

  • ChrisO||

    "The paper is not for sale...unless somebody offers me enough money." On the other hand, maybe Pinch really is that stupid.

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