Globe, Boston.com, sale completed

24 Oct 2013

The New York Times Company Completes Sale of Its New England Media Group to John W. Henry

10/24/2013 NEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE:NYT) announced today the completion of the sale of its New England Media Group to an acquisition company owned by John W. Henry, the principal owner of Fenway Sports Group, for $70 million in cash, subject to customary adjustme


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Jim Townsend, editorial director and a principal of the AIM Group, is a career journalist, consultant and interactive media pioneer with more than 35 years of experience in news management. Townsend joined the AIM Group in 2001 as an analyst and consultant and became a part-owner in 2003. He is based in Houston.