Stunner of the day: Globe worth just $20 million?

Does $193 million for the Globe sound right?

Dont Quote Me — Sat, 03 Oct 2009 10:25:06 GMT

Because that's the value of Boston's paper of record, according to the Boston Business Journal

The FT's funky Globe-Herald rumor

Dont Quote Me — Fri, 02 Oct 2009 02:20:02 GMT

Might Boston be in for a colossal media makeover? So suggests the Financial Times : The New York Times

Jack Connors: No Globe for me! Plus: FT, WTF?

Dont Quote Me — Fri, 02 Oct 2009 02:19:58 GMT

That's the most important point of this Globe business update . If Connors is telling the truth,

re: Stunner of the day: Globe worth just $20 million?

jfzworld — Fri, 26 Dec 2008 14:51:05 GMT

NTY paid $1.1 BILLION for Globe in '93. That $20m figure in the WSJ story would mean that the paper is now worth less than 2% of what the Times paid. Almost unfathomable, even for a rotten biz like daily newspapers. Barclays estimate must be $200m. Either way, the game's over.

re: Stunner of the day: Globe worth just $20 million?

Cynic — Fri, 26 Dec 2008 14:13:44 GMT

I found it amusing that Todd Wallack's <a href="www.boston.com/.../a> of this story for the Globe somehow dropped the discussion of the paper's valuation or potential sale from the story. Great job, Todd. That's the kind of hard-hitting journalism we all expect from the Globe.

Maybe it's a typo, and it should read $200 million. But frankly, it's tough to see anyone ponying up a nine-figure sum with the credit markets frozen, the ad market in free-fall, and revenues plunging. Who'd finance such an acquisition?

re: Stunner of the day: Globe worth just $20 million?

Peter Porcupine — Fri, 26 Dec 2008 04:35:35 GMT

I'm betting two hundred instead of twenty, but still. Two thirds of its value.