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	<title>Deep Into Sports &#187; bad economy</title>
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		<title>Business Makes Strange Bedfellows</title>
		<link>http://www.deepintosports.com/2009/03/10/new-york-times-owns-boston-red-sox/</link>
		<comments>http://www.deepintosports.com/2009/03/10/new-york-times-owns-boston-red-sox/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 18:51:36 +0000</pubDate>
		<dc:creator>Nate Barlow</dc:creator>
				<category><![CDATA[MLB]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bad economy]]></category>
		<category><![CDATA[baseball]]></category>
		<category><![CDATA[boston]]></category>
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		<category><![CDATA[new york times]]></category>
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		<category><![CDATA[ny times]]></category>
		<category><![CDATA[red sox]]></category>
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		<description><![CDATA[Variety ran an article today on how The New York Times has put its less-than-two-years-old headquarters up for sale in this time of economic downturn, made doubly difficult for newspapers as people increasingly turn to the Internet as their primary news source. On the surface, not a story that seemed to have much to do [...]]]></description>
			<content:encoded><![CDATA[<p><a target="_blank" title="New York Times Headquarters For Sale" href="http://www.variety.com/article/VR1118001003.html?categoryid=3284&amp;cs=1" target="_blank"><em>Variety</em> ran an article</a> today on how <em>The New York Times</em> has put its less-than-two-years-old headquarters up for sale in this time of economic downturn, made doubly difficult for newspapers as people increasingly turn to the Internet as their primary news source.</p>
<p>On the surface, not a story that seemed to have much to do with sports.  But this paragraph towards the end of the article cracked me up:</p>
<blockquote><p>Tough times for the newspaper biz could make the company&#8217;s 18 papers difficult to leverage. More appealing assets would include an 18% stake in the Boston Red Sox and 80% of the New England Sports Network.</p></blockquote>
<p>I had no idea that <em>The New York Times</em> owned any stake in the Red Sox, let alone such a significant one.  To be fair, in this time of multi-faceted, diversified international conglomerates there really is no such thing as a surprising business arrangement.  All of these corporations seek to make the profitable acquisitions possible.</p>
<p>It just always amuses me to see who&#8217;s in bed with whom, in politics as well as business.  It&#8217;s why, in the long run, both political parties are the same, just as all these corporations are the same.  And that the same reason why the sports business, show business and every other unique business all have one thing in common&#8211;they are all businesses first.</p>
<p>That the Boston Red Sox are considered one of the Times&#8217; more desirable assets speaks to one important point: the Red Sox make money.</p>
<p>I wonder what the average Yankee fan must think.</p>
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