Much as we mock the Globe, it has always seemed to sometimes aim a little higher than its tabloid counterpart. So it was interesting to see the Globe at #5 on a list of the top ten newspapers most likely to fold or go online-only (also at Time). Number 1 on the list, the Philadelphia Daily News, is already nothin' but an edition of the Philadelphia Inquirer and #2, the Minneapolis Star Tribune, has filed for bankruptcy. Time notes that the Globe suffers from being part of the troubled New York Times' New England Media Group, dead weight the NYT might have to shed to survive (UHub commenters point out a Boston Business Journal article that pegs the Globe as worth about $192.8 million, down from $1.1 billion when the NYT purchased it in 1993). So what does this bode for Boston? Will the Metro (also partly owned by NYT and subject to its woes) and Herald be our only daily print options? Will Boston.com save the day? Is it all up to citizen journalists?
Globe Doomed to Die before Herald?
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