Welcome to Market Revolution's blog

Thank you for visiting Market Revolution's blog.

We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Wednesday, 10 June 2009

Boston Globe For Sale

The New York Times Co. has hired investment bank Goldman Sachs Group Inc. to shop around the Boston Globe, the Boston daily newspaper reported Wednesday, citing two potential bidders. Times Co. plans to solicit bids for the Globe in the next couple of weeks, according to the story. The Globe's largest union earlier this week voted to reject pay and benefits cuts proposed by company management, triggering speculation the 137-year-old newspaper may be closed.

No comments: