The future of the Boston Globe is in peril, as the paper's owner, The New York Times Company, and the unions continue to negotiate. The company is looking for $20 million of cost cuts in order to save the 137-year-old broadsheet. The Globe—one of the biggest names in journalism—is the highest selling paper in New England and the 14th largest in the nation. But its owner has threatened to close up shop if The Globe can't stem losses expected to reach $85 million this year. Joining us to discuss the paper’s fate is Emily Rooney. She is the host of the news show Greater Boston, she also the also hosts the weekly media criticism show, Beat the Press. For a sense of what the city and its readers will lose we are also joined by two devoted Boston Globe readers: David E. Williams of Brookline in Boston and Catherine Bumpus of Woods Hole, Mass.