Might Boston be in for a colossal media makeover? So suggests the Financial Times:
The New York Times is aggressively courting buyers for its stake in
the Boston Red Sox baseball team and potentially the Boston Globe
newspaper in a transaction that could attract bids worth $200m-$225m,
according to a person familiar with the matter.
The Boston Herald reports that owner/publisher Pat Purcell has a new gig as executive chairman of the News Corp.-owned Ottaway Newspapers. This is a big job; in the words of the Herald's Frank Quaratiello, Purcell "will be responsible for the eight Ottaway daily newspapers, 15 weekly newspapers, magazines and Internet sites."