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(NECN) - When a newspaper has to cover its own sale, the headlines read like this: "John Henry a keen student of risk, reward" and "John Henry adding Globe to his Boston constellation".
Doug Bailey, president of DBMediaStrategies and a former Globe reporter and editor, and John Carroll, a Boston University media critic, weigh in on the sale.
Carroll joked he felt relieved when the announcement was made.
"My feeling was people expected it to be Henry in the last couple of days, so it didn't surprise me, and I thought, you've just opened up the family size can of worms because this is not an easy toy to play with, and this is a really complicated situation that he's gotten himself into. It's not like owning the Red Sox," he says.
Bailey says it took him a while to "warm up" to the news of the sale.
"The idea of the Red Sox owner owning the Globe, it just seemed too much power concentration, I guess. Since then, I guess I've read all the stories - I think it probably was the best of the bidders," he says.
Watch the attached video for more.