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FRESH NEWS: Maybe now they can afford to move everyone to the new digs

Published: Thursday, January 04, 2007

The New York Times Company said that it has sold it's broadcasting group for a sweet $575 Million.

New York Times Co. Chief Executive Janet Robinson said in a statement that the sale would allow the media company to focus on the "development of our newspapers and our rapidly growing digital businesses."

That digital word again. We thought she was going to say they were going to trim their size like the Wall Street Journal.

New York Times sells broadcast group for $575 million [Reuters]

Labels: FreshNews, NYTimes

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