Metro Boston changes hands

The subway freebie Metro Boston and its sister papers in New York and Philadelphia have been sold to a newly formed company.

In Boston, the situation is complicated by the fact that the New York Times Co. owns 49 percent. Recently I argued that the Times Co.-owned Boston Globe should use Metro to promote more vigorously the paid print edition and Boston.com.

It’s possible that this deal will pave the way for that. But the Times Co. is still stuck with just enough of Metro Boston not to have a say over what goes into it. (Via Romenesko.)