There is a certain irony involved in the former head of (the currently very troubled) Random House penning a defense of the New York Times. Nevertheless that’s what Peter Osnos is up to over at The Daily Beast. However, perhaps just as interesting is the fact that a collection of NYT front pages made the best-seller list — perhaps less a measure of the relevance of newspapers than a further sign they are considered by many to be some sort of collectable item. Anyway, here’s a bit of what Osnos, also a former editor at WaPo had to say about The Grey Lady.
Until the rest of the economy went into a tailspin, turning a serious problem for the newspaper industry into a catastrophe, it was fashionable in some financial and journalistic circles to belittle the Times‘ senior management for mistakes.