METRO FREE NEWSPAPERS UP FOR SALE IN US
January 17th 2008 02:30
Free newspapers are certainly successful in Europe, but the US is one market where free commuter newspapers, or freesheets, have never really taken off in big numbers
A trio of US city freesheet, Metro Boston, New York and Philadelphia are up for sale after having failed to gain new investors or partners.
FollowTheMedia said, “What happens in Boston could prove particularly interesting since the New York Times Company owns 49 percent of the newspaper, bought two years ago to court young readers who hopefully would later, as they got older, migrate to the company-owned Boston Globe.
FollowTheMedia reports “there is talk that Philip Anschutz, who publishes free Examiner brand newspapers in several US cities, may be interested in Metro New York.”
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