'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

5 Under-The-Radar Reads From Librarian Nancy Pearl

Pearl shares the books she loved this year that you might not have heard of. Her list includes a Hollywood satire, two thrillers, a young adult novel and a nonfiction book about World War I.
NPR

What The Change In U.S.-Cuba Relations Might Mean For Food

The decision to normalize relations is driving all kinds of speculation about American food companies opening up shop in Cuba. But analysts say: Don't expect to see McDonald's there anytime soon.
NPR

Education Dept. Issues Framework For New College Rating System

The interim outline indicates that such factors as access, affordability and student outcomes will be key to the system first announced by President Obama in 2013.
NPR

U.S. Authorities Investigate, Sony Reels From Computer Hack

The White House has stopped short of naming North Korea as the aggressor in the cyberattack against Sony Pictures. That hack resulted in the cancellation of the film The Interview.

Leave a Comment

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