The Phoenix Network:
About  |  Advertise
Moonsigns  |  Band Guide  |  Blogs  |  In Pictures
 Latest Slideshows

Swoon Art Wall at the ICA

Red Bull Cliff Diving World Series on the Boston Waterfront

Art Show with the Tower & the Fool at Johnny Cupcakes

Does $193 million for the Globe sound right?

Because that's the value of Boston's paper of record, according to the Boston Business Journal, which cites Barclays Capital analyst Craig Huber. (I'm rounding up just a skosh here.

All the more reason to think that $20 million figure the WSJ cited last December is worthless. But hold the Champagne, since the Globe originally sold for roughly six times its current worth (assuming Huber's right, obviously).

Via Universal Hub.

| More


  • Ryan said:

    I don't think anyone's paying nearly $200 for a glorified Worcester Telegram. Maybe the Globe would be worth that sum had the NY Times never killed it, but they bought a decent paper and lit fire to it. I'd say maybe the paper's worth $100 million - and that's only because gets tons of hits.

    February 18, 2009 1:12 AM
  • jfzworld said:

    Nobody who's interested in making a profit would pay $200m for a dead-ass business model. The Globe is essentially worth nothing.  

    February 18, 2009 8:58 AM

Leave a Comment

Login | Not a member yet? Click here to Join
 Friends' Activity   Popular 
All Blogs
Follow the Phoenix
  • newsletter
  • twitter
  • facebook
  • youtube
  • rss
Search Blogs
Dont Quote Me Archives
Tuesday, September 06, 2011  |  Sign In  |  Register
Phoenix Media/Communications Group
Copyright © 2011 The Phoenix Media/Communications Group