Wednesday, 05 May 2010

Why Big City Newspapers Are Dying

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The announcement about a year ago by the New York Times that it might close down the venerable Boston Globe, unless the paper could cut costs and begin to make money, came as a shock to many Bostonians. The Times bought the Globe in 1993 for $1.1 billion because it assumed that in an area with Harvard, MIT, Tufts, Boston University, Boston College and other schools of higher leaning, they would have lots of liberal readers and make lots of money. But this much-touted Athens of America, which prides itself on its intellectual history, has become, like the rest of America, a victim of our general literacy decline.