At the end of his New York Magazine article about ex Times CEO Janet Robinson and her $24 million parachute, writer Joe Hagan refers to:
" . . . speculation . . . that Mayor Bloomberg, a long-fabled white knight for beleaguered Times staffers, could swoop in and save the paper from itself, a kind of best worst-case scenario for the Ochs-Sulzberger family.
"Here, after all, would be the decisive leader the paper yearned for, a powerful and wealthy businessman who has shown ample commitment to the city that gives its name to the greatest newspaper in the world.
"In theory, this benevolent dictator could afford to lose money for the greater good of journalism in America.
"Bloomberg LLC wouldn’t comment on whether the mayor would make a bid for the New York Times. As it stands, there are no talks happening.
"At least not yet."
Comments