INTERVIEW: Kurt Andersen – The founder of Spy and former editor of New York talks about the state of print…

Russ Smith – Splice Today

Copyright Splice Today
ST: The New York Times’ stock is currently trading at about seven bucks a share. Good time for people to buy—anticipating a possible windfall if it’s sold—or is it best for small investors to shun all troubled media?
KA: Probably is a good time to buy, although the Times’ capital structure and governance, under which the Sulzberger family can do whatever they want, bless them, would make me a little nervous to own their stock as a non-rich non-Sulzberger. But the Times will, I think, survive as the surpassing global news brand.
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