Times Deal Bears Similarity to Boston Globe Buyout.(Brief Article)

Los Angeles Business Journal | March 20, 2000| | Copyright

LOOKING for solace in the wake of an out-of-towner snapping up the Los Angeles Times? Take a look at Boston.

Tradition-bound Bostonians witnessed a similar scene to L.A. back in 1993 when the century-old family-owned newspaper, The Boston Globe, was sold to a media conglomerate from another city, the New York Times Co.

At the time, Bostonians had the same reaction as Angelenos to the loss of their city paper - sadness, fear and anger.

But the fuss has pretty much faded. The New York Times Co. promised to be hands-off editorially and for the most ...

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