Wednesday, October 23, 2002

Washington Post 'was forced to sell IHT stake to NYT'

Washington Post CEO told Post editors that the New York Times threatened to drive the International Herald Tribune to ruin unless the Post sold its stake to the Times, according to Editor & Publisher. Apparently the Times threatened to start its own international edition and to block investment into the IHT. The Times has not commented.
(From Editor & Publisher)

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