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New York Times Puts Boston Globe Up for Sale

New York Times Puts Boston Globe Up for Sale


The New York Times, facing a difficult environment for newspapers in the digital age, announced Wednesday a plan to sell The Boston Globe and other New England assets.

The Times said in a statement that it has hired Evercore Partners to advise the company and manage the sale process. The company aims to streamline its assets to promote its own marquee brand.

Besides the Globe, the other assets up for sale are:, The Worcester Telegram & Gazette, and GlobeDirect, the Globe’s direct mail marketing company. Also included in the sale is the company’s 49 percent interest in Metro Boston.

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