Adieu to the Globe's Sox conflict?
If the NYT Co. has anything to say about it, it'll soon be a thing of the past. The company announced today that it's hired Goldman, Sachs to "explore the possible sale" of its 17.75 stake in New England Sports Ventures, which owns the Red Sox, Fenway, and a bunch of other stuff.
Also, no more monthly revenue reports from the NYT Co. And, uh, NYT Co. fourth-quarter revenues are down nearly fifty percent from last year.