The newspaper world is suffering together. The Boston Globe, once one of the great regional newspapers, with its own foreign bureaus and a very strong Washington presence, is now also bleeding money — by some accounts $1 million a week.
Now the New York Times, its owner, is demanding that the Globe’s union make major concessions to cut costs by $20 million — or the Globe will be put up for sale and possibley closed.
Sound familiar? I talked with WBUR in Boston this morning — about what Boston can anticipate based on the travails of the San Francisco Chronicle. Also on the line was David Brauer from Minneapolis, talking about the plight of the Minneapolis Star Tribune. Of all three papers we discussed, the Strib is the only one in actual bankruptcy — but also unlike the other three is still making money.
Go figure.
