New York Times threatens to shut Boston Globe

Reuters:

New York Times threatens to shut Boston Globe

BOSTON/NEW YORK, April 3 (Reuters) - The New York Times Co (NYT.N: Quote, Profile, Research) has threatened to shut The Boston Globe unless the newspaper’s unions quickly agree to $20 million in concessions, the Globe reported on Friday, quoting union leaders.
The union officials said executives from the Globe and the Times, which owns the Boston newspaper, made the demands on Thursday morning in a meeting with leaders of the newspaper’s 13 unions, the Globe reported.

    If the Globe closed, it would join a growing list of big city dailies that have shut down this year, including EW Scripps Co's (SSP.N: [Quote]("http://uk.reuters.com/stocks/quote?symbol=SSP.N"), [Profile]("http://uk.reuters.com/stocks/companyProfile?symbol=SSP.N"), [Research]("http://uk.reuters.com/stocks/researchReports?symbol=SSP.N")) Rocky Mountain News and the print edition of Hearst Corp's Seattle Post-Intelligencer. Hearst's San Francisco Chronicle might join that list.
    Possible concessions at the Globe, the 14th-largest U.S. daily paper by weekday circulation, include pay cuts, the end of pension contributions by the company and the elimination of lifetime job guarantees for some veteran staff, the paper said, quoting Boston Newspaper Guild president Daniel Totten.
    The guild is the Globe's biggest union, representing more than 700 editorial, advertising and business office employees, the report said.
    "Management told union leaders Thursday that the Globe will lose $85 million in 2009, unless serious cutbacks are made, according to a Globe employee briefed on the discussions," the Globe report said. That compares with an estimated $50 million loss last year, the newspaper quoted the employee as saying.

I wonder if this will alter their editorial stance on the card-check bill & other labor issues? :smiley:

And we should care because…?.. :wink:

We should care because the Boston Globe is an anti-Catholic, anti-life propaganda sheet. It has printed scurrillous cartoons of Popes, it has pontificated against the culture of life since before Roe v. Wade, and has done all it can to discredit pro-life politicians, like the great Ray Flynn. It is proud of bringing down H.E. Bernard Cardinal Law, not because of priest sex abuse, but because he stood tall for the protection of the unborn. The low and dishonest “Ask Beth” column which ran during the 70s and 80s was written by the wife of the editor of the Globe and directed toward adolescent girls. It was nothing more than a tiresome shilling for Planned Parenthood. Thank you Craig’s List and E-bay for taking ad revenue from this loathsome publication. It’s end cannot come too quickly.

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