Ken Doctor figures the Globe group — it includes the Worcester Telegram & Gazette — will go for $100 million to $150 million, if pension obligations aren’t part of the deal. “Metro newspaper properties are today worth about a tenth of what they were worth at their height,” the former Knight Ridder exec points out. “So, for the Globe, that’s $1.1 billion 20 years ago, and maybe $110 million today. Newsrooms may have suffered a 30-50 percent decline in numbers, but the newspapers themselves itself have lost 90 percent of market value.”
Doctor mentions the Taylor family — the Globe’s previous owners — and Orange County Register owner Aaron Kushner as potential bidders.
* The newsonomics of the Boston Globe’s sale (niemanlab.org)
* Unclear whether Globe and T&G will be sold separately or as a package (telegram.com)
* Earlier: 25 potential buyers of the Boston Globe (smartertimes.com)