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New York Times Should Get a Major Mogul Bailout

Investing in NYT as a sustainable business model is ludicrous. It is analogous to saying invest in horse carriages when model T is being rolled out. There may be some short term trading opportunities, but NYT has no future.

The familiar arguments based on traditional factors such as economy, cost management and so on are nothing but smoke & mirror. Sane money would not touch NYT with a 10 foot pole. Any investment can only be based on dogma and nostalgia.