Files under Forbes, The New York Times, digital transition, headquarters, printing plants | Jul
25th
Forbes magazine is trying to sell its building in Manhattan for $140 million.
The New York Times not only sold the old headquarters in Times Square for $525 million, but also its former printing plant for $11.5 million.
Is this a trend?
Yes.
Sell all your non-core business assets.
Including printing presses.
And invest all this money in the digital transition.
As soon as possible.
Period.
No Comments »
