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Red Sox Principal Owner to Buy Boston Globe Newspaper

New York Times Co. has struck a deal to sell the Boston Globe to John Henry, the principal owner of the Red Sox.

The New York Times Tries Selling the Boston Globe Again

The Times bought the Globe for $1.1 billion in 1993. Today…
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There’s No Tomorrow

The reason for the change is that articles are no longer written only for the newspaper. Breaking news is posted immediately on the Globe’s websites; stories are then fleshed out, posted again, then put into the process for the next day’s paper and the next day’s web entries. With all that traffic, a reliance on “yesterday,” “today,” and “tomorrow” is an invitation for error.

Charles Mansbach, Page 1 editor of the Boston Globe, on why the paper will no longer use the words in stories

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New York Times Posts Profit

Cost-cutting helped New York Times Co. swing to a better-than-expected third-quarter profit from a year-earlier loss, despite a deteriorating market for print advertising.

The Atlantic Pretties Up With Photos

Hard to believe it took this long to become a trend, but there you go: Another Web publisher embraces beautiful, screen-hogging photos. Sort of like TV….

Craigslist CEO Seeking Anderson Cooper Type for Non-Trashing (And Maybe Coffee?)

Craiglist CEO Jim Buckmaster let one fly yesterday at CNN reporter Amber Lyon for a report on child sex trafficking she did that focused on the role played by the online-classified giant. It included using a May interview with Craigslist founder Craig Newmark that Buckmaster characterized as an ambush. He ended by noting that if “[CNN anchor] Anderson Cooper would like to come out to SF and sit with us for an interview worthy of CNN’s viewers, we’ll consider it.”

Pulse iPad App Gets Steve Jobs's Praise in Morning…Then Booted From App Store Hours Later After NYT Complains

Yesterday morning, the pair of Stanford University graduate students who made the hot news-reading iPad app, Pulse News Reader, were ecstatic to be mentioned first–for being among the most promising developers for the new tablet device–by Apple CEO Steve Jobs in his keynote address to the Worldwide Developers Conference in San Francisco. But by afternoon, that flush of entrepreneurial success had turned sour, when Apple informed the two that Pulse was being pulled from the App Store after it received a written notice from the New York Times Company declaring that “The New York Times Company believes your application named ‘Pulse News Reader’ infringes The New York Times Company’s rights.” Pulse was down completely by 6:30 pm PT last night.

Ad Sales, Pay Walls, and Absolutely Nothing About iPads at the New York Times Earnings Call

The New York Times said things got better–or, if you like, no worse–during the last quarter of 2009. But investors are disappointed that the publisher isn’t more optimistic about 2010, and they’re pushing shares down this morning. Let’s see if the paper’s executives can turn that around during their earnings call.

BusinessWeek’s Pitch to Investors: Buy Us, Then Fire Us

How do you sell a business magazine that lost $43 million last year? Convince buyers that they could fire 20 percent of the staff without missing a beat. That’s part of the pitch Evercore Partners has been making to investors on behalf of McGraw-Hill, which wants to dump BusinessWeek. Look out, copy editors!
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New York Times Tells the Boston Globe It Doesn’t Have to Sell the Boston Globe

The cash-strapped New York Times, which has put the Boston Globe and its other New England properties up for sale, wants you to know that it’s in no way having a fire sale. Boston Globe employees appeared to have taken that message at face value.
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LogMeIn: IPO Drought? Feh…

Palm Pre: The Big Day …

New York Times Cuts Salaries, Jobs