4truth

New York Times is Not Quite Takeover-Proof

Summary: ignore NYT and newspaper sector fundamentals and buy on speculation. Let's go gambling, it's only money! Oh, and any analyst who equates "the share price has declined" with "cheap" probably has some great real estate in Wyoming to sell you. If you must invest in the newspaper sector, which I am certainly not recommending, do a side-by-side comparison of NYT and GCI. GCI is "cheaper" on both earnings and EBITDA multiples, has better operating margins, less debt and a better management team. 4.9% yield.