IS THE BOSTON GLOBE FOR SALE?

Today´s memo from Boston Globe publisher Steve Ainsley

Dear Colleagues,

As the front page story in today’s Globe points out, these are difficult
times in our industry.

In cities across the country, rumors abound aboutthe future of newspapers and these are likely to continue for some time.

Boston is no exception.

It is very frustrating to me that neither I nor the company can say more about them but because we are part of a publicly-traded company, to ensure compliance with securities laws, we do not comment on rumors of potential acquisitions or divestitures, regardless of whether they are true or not.

What I can say is this, I am committed to improving the performance of the Globe.

We have a great newspaper.

We can make it even greater. And I mean that from both a journalistic standpoint and a business standpoint for the two go hand in hand.

In order to continue to produce the high-quality journalism for which we have long been known, we must put this newspaper on a strong and stable financial footing.

It means continuing to cover our community better than anyone else.

It means creating new products both in print and online that serve the needs of our readers and advertisers.

It means finding innovative ways to reach new readers and advertisers, and being disciplined on expenses and allocating our resources.

This is not easy.

No one knows that better than all of you who walk through the doors of the Globe every day and work hard to make it better.

But it can and will be done.

Together we will ensure that the Globe continues to produce outstanding journalism and together we can strengthen its financial foundation.