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Non-radio: Boston Globe parent to buy T&G
Today's Boston Herald says the New York Times Company is set to acquire the
Worcester Telegram and Gazzette for approximately $300 million. A source claims
the move would lock up 98% of daily newspaper readership (and the vast majority
of advertising revenue) in New England's second-largest city. The article
indicates this would likely *not* result in any successful anti-trust claim.
Why the hell not, I ask??? And if newspaper/television cross-ownership
regulations are relaxed, as the newspaper industry is presently lobbying hard
for, watch out...
Take care,
Chris