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Tuesday May 21, 2013

Mayor Bloomberg Isn’t The Times’ Best Option

BusinessWeek

In spite of recent business pressures, most notably from Harbinger Capital Partners, BusinessWeek‘s Jon Fine finds the argument for a Times takeover by Mayor Bloomberg flawed.  Bloomberg built his business in New York by selling financial data to corporations and financial houses, not by running a newspaper.  Also, ownership by a local politician, even a non-partisan one, could call the paper’s objectivity into question.

> New York Newspapers See Circulation Drop