New York Times cuts sections to save money

Just a week after the Washington Post made some changes to its newspaper, we are now seeing the New York Times take measures into its own hands and shrink its paper in size. I have to say that I am not too disappointed with the section that is being cut given its lack of real significance in the general scope of things. I also want them to sell off their share of the Red Sox because they probably could get good money from the current ownership group if they decided to get rid of it and it would put the team into more clear terms. In terms of selling off their stake in their headquarter building that seems to be an odd choice to me because the time to sell that kind of building is definitely not now with the economy in the shape it is. They could have made much more had they waited out the recession and ultimately decided to get rid of it. With all of the changes to the newspaper industry, it seems to me that within the next five to ten years the news as we see it now will not even be close to what it will become. If the big companies like the New York Times cannot make it then strategically making the most out of its assets and depleting unnecessary reporting may just be the right thing to do.