Cutting costs at the Boston Globe
The price of the Boston Globe will jump on May 4 in an effort to keep the company "viable," according to reports from the Boston Herald.
Weekday price for the Globe will reach $1.50 and Sunday's paper will be $3.50 in Eastern Massachusetts and $4 elsewhere.
Yesterday, Bloomberg reported that the New York Time Co. was working with the Globe to fund $20 million in new savings.
The report said that shutting down the newspaper is among the options Times Co. is considering, according to Boston Newspaper Guild President Dan Totten.
Weekday price for the Globe will reach $1.50 and Sunday's paper will be $3.50 in Eastern Massachusetts and $4 elsewhere.
Yesterday, Bloomberg reported that the New York Time Co. was working with the Globe to fund $20 million in new savings.
The report said that shutting down the newspaper is among the options Times Co. is considering, according to Boston Newspaper Guild President Dan Totten.

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