Report: Globe's been losing up to $1 million a week

This is a death spiral. There are only a few ways to save this much money, most of them involving layoffs. But if you cut newsroom or advertising staff, you hobble the means by which money is made. The product grows weaker, less of it sells, and the cycle repeats.

You gotta wonder if moving to an all-digital format, like the Christian Science Monitor, is the answer. Would that even save enough money? Would it save more, allowing the enterprise to re-stregthen its newsroom?

And it sounds like things are no better at the Mother Ship in NYC.

NYT tried to sell the Globe - no one wanted it. At any price.