'New York Times' Is Not For Sale, Sulzberger Says | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

'New York Times' Is Not For Sale, Sulzberger Says

Responding to speculation that his newspaper would be next, New York Times Publisher and Chairman Arthur Sulzberger Jr. has issued a flat "the Times is not for sale" statement.

Sulzberger's declaration follows this week's announcement that the Graham family is selling The Washington Post to Amazon.com founder Jeff Bezos. That sale increased the talk about the nation's other major newspaper family — the Sulzbergers — getting out of the distressed business.

But Sulzberger says in the statement (released with Times Vice Chairman Michael Golden) that "the Times is not for sale, and the trustees of the Ochs-Sulzberger Trust and the rest of the family are united in our commitment to work together with the company's board, senior management and employees to lead The New York Times forward into our global and digital future."

The person most often speculated about when it comes to buying the Times is billionaire New York Mayor Michael Bloomberg. New York magazine writes that
"of course, it's possible that someday Bloomberg will make the Ochs-Sulzberger family an offer it can't refuse. (Reuters reports Bezos paid four times what the Post is worth.) But for the time being Bloomberg is said to prefer the Financial Times, if he does in fact decide to expand his media empire."

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

An 'Epilogue' That Makes Sense Of The Chaos Of Memory

In his episodic memoir, Will Boast meets the siblings he never knew while navigating family deaths and secrets. Critic Ellah Allfrey finds Epilogue conceptually ambitious, but lacking in execution.
NPR

Giving Chickens Bacteria ... To Keep Them Antibiotic-Free

What does it take to get chickens off antibiotics? According to Perdue Farms, an added dose of the "good bacteria" known as probiotics can help crowd out the harmful microbes that make a chicken sick.
NPR

Why Did Congress Kick The Can On Funding Islamic State Mission?

The president got approval for his plan to train and equip Syrian opposition fighters, but lawmakers didn't approve funds to pay for it or the broader air campaign.
NPR

Some Tech Firms Capitalize On Privacy

Steve Henn of NPR's Planet Money team profiles some entrepreneurs who are working on a novel business model to start up a new tech company. It's pay for service. What a concept.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.