In August 1873, Jordan hired General Charles H. Taylor as temporary business manager to turn around financial difficulties. Taylor was a 27-year old Civil War veteran, a staff member and printer for the Boston Traveler, and stringer for The New York Tribune.
As a result of his success in stabilizing the paper, and setting it on a successful growth path General Taylor became a partner with Jordan, who was the only remaining investor in the paper. Subsequently, Taylor was named publisher. Members of the Taylor family served as publishers of The Boston Globe until 1999.
The Globe was a private company until 1973 when it became a subsidiary and principal property of the newly formed Affiliated Publications. Over a span of 20 years, Affiliated’s interests expanded into television and radio stations, magazines, a daily and a weekly paper and cellular telephones. On October 1, 1993, The New York Times Company purchased The Boston Globe and Affiliated Publications.
Originally a daily, morning paper, the Globe began Sunday publication in 1877. One year later, the Globe started an afternoon paper called The Boston Evening Globe. The Evening Globe lasted 100 years and ceased publication in 1979.
Over the years the Globe has evolved from a newspaper into a multi-media source of news and information. Boston.com was launched in 1995 and is now is one of the country’s strongest regional websites. The New York Times Company purchased the Worcester Telegram & Gazette in 1999 to complement the Globe’s circulation area. Additional investments in the New England Sports Venture (Red Sox and NESN), and the Boston Metro allow the Globe to reach new audiences. Globe Direct, a direct mail and insert delivery unit is also part of the Globe media group.
The Globe moved to its current home in the Dorchester section of Boston in 1958 after 87 years on Washington Street’s “Newspaper Row” – so named because the street was the address of many of Boston’s newspapers.