Another day, another dolor for the Boston Globe.
As gleefully recorded by The Schadenfreude Gazette:
A top New York Times Co. official reportedly didn’t rule out layoffs at the Boston Globe but assured a swift sale during tense meetings with employees yesterday, while the first potential bidder for the 141-year-old broadsheet emerged — Bay State auto magnate Ernie Boch Jr.
“I grew up not only reading the Boston Globe but doing business with the Boston Globe,” Boch told the Herald yesterday after throwing his hat in the ring. “I feel it has lost its way over the last few years. I feel I have the right recipe to put it back on track.”
Last night, Boch tweeted: “Print is not dead!”
C’mon down, Ernie Jr.!
But – to stick with the automotive theme – it’s just as likely the Times Co. will sell to a private equity firm that will strip the Globe for parts like a car left overnight on the Cross Bronx Expressway.
Stay tuned for further details.