The NY Times may have seen huge demand for its post-Election 2008 edition and it might be a worthy target to spoof, but there's a dark side to all of this: Its stock is at a 52-week-low. The Observer notes that it hit "another 52-week low today, falling to $7.70 today" (another because yesterday was its 52-week-low) which "puts the Company's market cap at $1.1 billion. By comparison, last year at this time the Company's market cap was at $2.7 billion. In an even rougher comparison, George Steinbrenner is worth about $1.3 billion."





Good news, hopefully the NY Times will go out of business soon.
The irony of a share of the NYT going for less than the price of the Sunday paper won't be lost on me.
^ Droll
Too bad it didn't go under when Walter Duranty was still performing journalistic fellatio on Joe Stalin.
I hope the New York Post goes under with the New york sun, yeah baby
Hardly a surprise with the Market tanking as well.
Are you people all retarded? If the New York Times goes out of business (which it won't) gothamist wouldn't have a lot less to discuss. Blogs need newspapers.
would have a lot less to dicuss. (sorry. Late night)