The New York Times Company has decided that it will not, after all, sell The Boston Globe, a development that comes several months after Times Co. had initially threatened to close the newspaper for financial reasons. The decision follows a period in which Times Co. was not able to attract any suitable bids.
Company chairman Arthur Sulzberger Jr. has stated that the Times Co. will also not have to sell the Globe because the newspaper’s financial situation has improved to the point where selling it to save money is no longer as imperative as it was before. Executives of the company …read more

In an unlikely but apparently practical partnership, Yahoo and several newspapers around the country have joined forces in the battle of advertisement. The partnership, called the Yahoo! Newspaper Consortium, was launched in 2006 and it now involves 814 newspapers, or about half of the newspapers published in the United States.
 
This partnership means that every newspaper involved in the consortium has access to Yahoo’s repository of expensive and directly-targeted ads that they can sell alongside their own. In return, each newspaper agrees to give Yahoo half of the revenue it takes in from any ads they sell through this service.
 
Several newspapers …read more

To keep up with competitors and avoid bankruptcy, which has been affecting so many print media companies, the Boston Herald has decided to raise prices of the daily newspaper from 35 cents to a $1 an issue.
The price increase will take start on May 11 within the 30-mile Boston radius, though the prices outside this 30-mile area will remain the same price. Prices have already been $1 or more per issue outside of Boston.
The Sunday Herald price remains $2, while The Boston Globe will also up their prices from 75 cents to $1 for people in the city and $1 …read more