John Henry Now Owns The Boston Globe, According to Peter Gammons' Website

John Henry Now Owns The Boston Globe, According to Peter Gammons' Website

MLB

John Henry Now Owns The Boston Globe, According to Peter Gammons' Website

Red Sox Owners

This was not a butt tweet. Peter Gammons is reporting that Red Sox and Liverpool owner John Henry has purchased the Boston Globe from the New York Times Corporation. Henry submitted a personal bid after NESN backed away. Forbes estimated the paper would go for $100 million, after selling for $1.3 Billion in 1993.

Buying into print media is sort of like buying into Liverpool. Prestige, past glory and optimism fading swiftly into a bleak depression.

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