Local Businessman Offers To Buy The Boston Globe

A new push to buy the Boston Globe has emerged. A self-described “mission-driven entrepreneur” from Wellesley is leading an investor group that plans to offer to buy the Boston Globe from the New York Times.

Aaron Kushner, 37, has been a small-company CEO and a management consultant in Boston. Now the group he heads, the 2100 Trust, wants to buy the Boston Globe, and the Worcester Telegram & Gazette from the New York Times Company.

The group says in a statement that the Globe’s strongest days can be ahead, and that it would invest in the newsroom to better serve the community.

Boston University journalism Prof. John Carroll says the Times Co. might be willing to sell for the right price.

“I think from a PR standpoint, if the Times can sell it to a local owner or a local investment group, I think that’s probably the ideal situation for them,” Carroll says.

The Times Co. took the Globe off the market last year after a tumultuous fight to win concessions from employees and an unsuccessful sale process. But Carroll says the Globe still faces a challenging economic climate.

“I'm not sure that all's quiet on the Globe front means that they're doing better,” Carroll said.

Officials from the New York Times would not comment on the offer, but have said the Globe has been performing well and is poised for growth.

This program aired on October 21, 2010. The audio for this program is not available.

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Curt Nickisch Business & Technology Reporter
Curt Nickisch was formerly WBUR's business and technology reporter.



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