Roger’s Rules

By Roger Kimball

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Encounter bids The New York Times farewell

June 25, 2008 - 6:20 am - by Roger Kimball
John Ettorre
2008-06-23 10:53:23

Obviously, I don’t speak for the company. But just as obviously (I hope), anyone who invests in a company under these ground rules, which are clearly known beforehand, should know going in that maximizing the last dollar of revenue, however it’s accomplished, is not the major goal for this company, and that an investment in NYT Co. is thus undertaken for some other reason.