A Newspaperman’s Nostalgia

By: Michael Grunwald | TIME.com

A memory from my first journalism job: I was a 22-year-old cub reporter at The Boston Globe in 1993 when The New York Times bought us for $1.1 billion. I looked around the newsroom at all the middle-aged hacks—a feature writer who crawled under her desk to call sources, a night-desk editor who cursed under his breath in German—and thought: Seriously? But I didn’t know anything about the media business. I figured the Timesmen knew what they were doing.

They didn’t. They sold The Globe last week for $70 million, 6 percent of what they paid two decades ago. They didn’t even get to unload the Globe‘s pension liabilities.

johnqpublic
This is the master of new technology who wishes Julian Assange was dead on Twitter, then retweets the blowback because he feels sorry for himself.
this is the guy
8/18/2013

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