Outdated News

The New York Times Co. is one of the biggest newspaper companies in our area. It is also the owner of many other newspapers, including the famous Boston Globe. Sadly, the Boston Globe may not last longer. Last night the New York Times Co. announced the closing of the Boston Globe’s printing press. The New York Times Co. was forced to do this because of their rising debt, which has also caused them to mortgage their office, and take a loan from a Mexican billionaire with an exorbitant 14% interest rate. Many seem to be upset about this, and it can be seen as a sign of an end to the age of newspapers.

Is it really that bad? Newspapers are nice, but they aren’t necessary in today’s world, and they obviously can not compete against other forms of media. Just because the newspaper companies are going down, doesn’t mean we won’t still receive news from both the internet and television. We should focus more on how to use the resources we have so that media can be efficient and informative, instead of wasting time and money on companies that are just not working in today’s world.