Now that Jeff Bezos has put The Washington Post in his cart, all everyone wants to talk about is what this means for The New York Times. Will it be sold? While most are yelling “Yes! Of course!” No one has any idea.
However, the Post’s sale is making media reporters’ mouths water, so they’ve got to say something, even if it means nothing. Below are just a few of the many discussions.
The Post says the Times lack of assets might lead to it being sold:
Whereas The Post has been owned by a diversified media and education company that could absorb some of the newspaper’s continuing operating losses, the New York Times Co. has been shedding assets that might have cushioned its flagship newspaper… The Times Co. owns just two major assets — its famous newspaper and the International Herald Tribune, a global paper that will be rebranded in October as the International New York Times.
The Huffington Post claims Sulzberger family members could push a sale:
The New York Times Company has not issued a dividend to its owners since 2009. After a prolonged period of declining revenue, the company appears to have recently stabilized its finances, posting only a small decline in revenue last quarter. But that doesn’t mean the family lacks any heirs to grumble about the fact they could be cashing in on billions if they just sold.
USA Today says the Post’s issues are the same as the Times’:
It [The Times] is subject to the same maelstrom that forced the sale of the Post: Witness the fact that at one point it had to turn to a controversial Mexican billionaire for a bailout.
The National Memo says its only a matter of time before Bloomberg buys the Times:
The Washington Post sale makes it much more likely that The New York Times, the world’s most influential newspaper, will be sold next year to New York City mayor Michael Bloomberg, who leaves office Jan. 1 with no announced plans for the future.
The Wrap concludes that when the Times is sold, someone is going to get it cheap:
Should the day come when they or say, the Sulzbergers decide to join the Grahams by selling the New York Times, they will find it has turned into a buyers market where bargain-hunting is the name of the game.