Interesting New York magazine article on the low key but important struggle among family members to become the next publisher of the New York Times newspaper company. Some stats about the business of the Times contained in this article:

– Current number of digital subscribers has hit a plateau at 1 million

– Print advertising declined by 13% in the last quarter, and continues to sink

– $300 million a year the Times spends on it’s news operation, which we assume means only news gathering and reporting

Whoever gets the job will find that making enough money to cover your costs in a very expensive market like New York is a task that will lead to many sleepless nights.