Nail... Meet Coffin

Pinch Works Fast: The New York Times' value has been cut in half in less than three years. It's now worth a little more than $17 a share. In 2002, it traded above $50 a share. I wouldn't worry about Rupert Murdoch buying the Times at this point. I'd worry about Rupert Murdoch's nanny buying the Times. ...

Word is that Murdoch will be expanding the content spectrum of The Wall Street Journal to include many features that compete directly with the New York Times. How much more of this the Times can take before crying "uncle" and selling to Yahoo is the only open question.

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