Global free newspaper publisher Metro International is putting its US newspapers in Boston, New York and Philadephia on the block, according to a report published this weekend by the Boston Globe.
The Globe report came on the heels of a report in the weekly Boston Phoenix, which had reported on Friday that one of the potential bidders is Clarity Media, whose proprietor, Phillip Anschutz, is better known in the UK for the controversy surrounding his investment in the Millennium Dome. Clarity’s Examiner series of free newspapers are published in several US cities.
The three US titles have lost Fleet Street-based Swedish firm Metro International the more than $10.6 million (£5.3m) in the past year, the Globe reports.
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