New York Times publisher says paper is not for sale
9 Aug 2013 11:39 PM GMT
New York Times is not for sale, its controlling family and publisher said on Thursday after a week in which both The Boston Globe and Washington Post were purchased by new owners.
‘Will our family seek to sell The Times? The answer to that is no,’ said publisher Arthur Sulzberger Jr, who is also the chairman of New York Times, in NYT website. Sulzberger said he and vice chairman Michael Golden had spoken to Donald Graham, chairman and chief executive of Washington Post about his decision to sell the daily and some smaller newspapers and stressed that New York Times did not plan to follow a similar path.
Sulzberger also said the trustees of Ochs-Sulzberger Trust and the rest of the family were ‘united in the commitment to work together to lead New York Times forward into our global and digital future.’
Amazon.com founder Jeff Bezos agreed to buy Washington Post for $250 million in a surprise deal that ends the Graham family’s 80-year ownership.
‘Will our family seek to sell The Times? The answer to that is no,’ said publisher Arthur Sulzberger Jr, who is also the chairman of New York Times, in NYT website. Sulzberger said he and vice chairman Michael Golden had spoken to Donald Graham, chairman and chief executive of Washington Post about his decision to sell the daily and some smaller newspapers and stressed that New York Times did not plan to follow a similar path.
Sulzberger also said the trustees of Ochs-Sulzberger Trust and the rest of the family were ‘united in the commitment to work together to lead New York Times forward into our global and digital future.’
Amazon.com founder Jeff Bezos agreed to buy Washington Post for $250 million in a surprise deal that ends the Graham family’s 80-year ownership.
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