Today’s Wall Street Journal is reporting more potential concerns for the newspaper industry as Boston Globe’s owner, the New York Times Co. threatens to shutter the paper unless unions give more concessions. This comes after 500 jobs have already been shed since 200.
The Seattle Post-Intelligencer and Rocky Mountain News have been two of the higher profile papers to either go online only or close shop. The Chicago Sun-Times has gone Chapter 11. The news for the newspaper industry continues to get worse and worse. Now, one of the most respected names in the industry, the Boston Globe, is staring down the barrel of some serious trouble.