Burning the Midnight Newsprint: Globe and NYTCo Reach Deal

At 3:00 this morning, the Boston Newspaper Guild and the New York Times Company reportedly reached a deal that would keep the Boston Globe in business. Salary cuts, unpaid leave, and the demise of lifetime jobs for nearly 200 Guild members helped the Globe save the $20 million requested by the NYT. More details will be available after the Guild's leaders and members meet, reportedly on Thursday, to vote on the agreement.

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[1] | p0larbare

Without knowing all the details this is good news. haha.. good news!!! I crack myself up..

Reply | May 6, 2009 1:01 PM

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