"Boston ponders future of Globe; Some hope local buyer emerges, but deal would be tough" by Keith O'Brien, Globe Staff | April 8, 2009
The Times Co. bought the Globe in 1993 for $1.1 billion - the most ever paid for a newspaper - and for years after that the paper was robustly profitable. But mirroring a trend playing out at newspapers across the country, the Globe's revenue has been declining - steeply - since 2004, according to a Barclays Capital report."
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