Steven Greenhouse on the NYT’s talks with its labor union:
For years, we in the newsroom have been eager and willing to work with management to ensure the paper’s financial health and to make the Times the best news operation it can be. Just look at how willingly we accepted the 5 percent pay cut during the depths of the recent recession. We certainly understand that the Times has financial problems, although we see that the digital paywall has attracted more than 450,000 subscribers and that some analysts are saying the paywall might soon bring in $100 million a year. We also saw that the Times quickly found the money to pay Janet Robinson a severance package of more than $23 million.