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Implications Of NY Times Selling Its Stake In The Red Sox

The Boston Red Sox are for sale. Well, technically, 17.75 percent of the team. That's the share owned by the New York Times Company. It announced it would sell its stake at a time when its earnings are plunging.

Any sale, of course, would affect two major Boston institutions: the Sox and The Boston Globe, which the Times Company owns outright.

WBUR's Curt Nickisch outlines the potential implications for both.

This program aired on January 29, 2009. The audio for this program is not available.

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