The Times already cashed out of much of their stake in the headquarters building: http://online.wsj.com/article/SB123660214438270341.html http://online.wsj.com/

The Times already cashed out of much of their stake in the headquarters building: http://online.wsj.com/article/SB123660214438270341.html http://online.wsj.com/article/SB123660214438270341.html And many newspapers still turn a reasonable profit, it's just that the major metros can't earn enough to pay off all the debts left over from the major consolidations at the start of the decade. One reference to that effect: http://www.huffingtonpost.com/craig-aaron/consolidation-is-no-cure_b_180356.html http://www.huffingtonpost.com/craig-aaron/consolidation-is-n...