So now the hedge funds pushing New York Times Company management own about as much as the Sulzberger family. I don’t know whether they’ll win their effort to elect directors to the board, but I do think this has reached a critical mass and that the family and management will be forced to make strategic changes. So I’m curious: what would you change? The hedge funds are urging the company to divest some assets and concentrate on the Times, investing in digital. What do you suggest? (And please refrain from the obvious Times-bashing. There’s plenty of opportunity for that in the post below about the McCain scandal. This is about the business of news and media.)
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