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Daily News, New York, publishing column.

Knight Ridder/Tribune Business News, October, 2004

By Paul D. Colford, Daily News, New York Knight Ridder/Tribune Business News

Oct. 22--While fans of the Yankees have cried in their beer and coffee since Wednesday's crushing loss, one quintessentially New York institution -- The Times -- would seem to have reason to cheer.

After all, The New York Times Co. bought a minority interest in the Red Sox two years ago -- an investment now burnished by the team's first advance to the World Series since 1986.

The team's success -- and now-lengthened season -- is a news bonanza for The Boston Globe, which the company also owns, and a boost for the New England Sports Network cable system, which supplements coverage of Fox's nationally televised post-season games.

NESN was part of the...

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