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Boston Globe, a crisis common to many

In 1993, the New York Times Company had paid out the highest sum ever paid for ' acquisition of an American newspaper: $ 1.1 billion . What is today the Boston Globe? Very little. The newspaper has accumulated losses losses. The heart of the problem of the Globe is now common in many newspapers and is simple and complex at the same time: the Globe has never had so many readers as now, but an increasing number of people accessing news directly to the site the newspaper and advertising online is not able to guarantee the losses on the print .

The property has threatened to close, but an agreement between the parties has been reached and should receive final approval from the staff of journalists. Reduction of salaries, retirement, extension of working time, waiver in place for life (a privilege that says a lot about what the newspapers were in the past and what they are today) are some of the measures planned to tackle the crisis of historic tested. Not necessarily, however, that restructuring and downsizing is not provided for in the is that an advance to a future sale as reveal some comments the American press.

As history demonstrates, the issue of the Globe more and more common is the unsustainability of the current structures in the publishing deal with the changes imposed by the Internet. The online activities have an inherent weakness caused by worsening market conditions in general. As stated in the research Ejo for the coming years it is expected that the share of advertising in American newspapers (online + offline) may suffer a drop of 42.5 %.... The expected contraction in 2009 and 15.9% for a total turnover of 31.9 billion dollars in 2012 and is expected to reduce to 28.4 billion, a figure slightly more than half the 49.4 billion invested in 2005, years of maximum growth in advertising revenues . Means that every year billions of dollars are drained by the newspaper, a phenomenon that seriously jeopardizes the lives of many newspapers which are increasingly determining their future in terms of drastic downsizing and / or transition to online.