From Harvard Square to ritzy suburbs along Route 2, millions of educated, politically liberal Boston residents would sooner root for the hated New York Yankees than pick up a copy of the Boston Herald. Now, these readers of the Boston Globe are watching their beloved paper wither away while the conservative tabloid continues to survive, at least for now.
The New York Times Co. (NYT), the paper's owner, yesterday backed down from its threat to shut down the Globe after six of the publications seven unions agreed to $20 million in concessions. Unfortunately, the holdout is the largest union, the Boston Newspaper Guild, which has complained about the company's "bullying" tactics. Talks are set to resume soon, according to The Washington Post.