Will The Sulzberger Family Sell The New York Times? [VIDEO]

 @JessicaMentonj.menton@ibtimes.com on August 14 2013 6:17 PM

A recent swirl of newspaper acquisitions has begun to fuel speculation the Sulzberger family may sell the New York Times.

Recently, Amazon Founder and CEO Jeff Bezos announced he purchased The Washington Post Company (NYSE: WPO) for $250 million. IBT Media said it reached a deal to acquire Newsweek from IAC/InterActiveCorp (NASDAQ: IACI) and The New York Times Company (NYSE: NYT), which put its Boston Globe newspaper up for sale this year, agreed to sell the Boston publication to John Henry, owner of the Boston Red Sox baseball team.

Alexander C. Kaufman, a reporter at the International Business Times, discusses the future of the historic newspaper in his article “Why The Sulzberger Family Won't Sell The New York Times Anytime Soon.

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