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I can't wrap my head around these numbers

Here are two paragraphs about the New York Times selling the Boston Globe, which the Times owned. Please note the numbers in the second paragraph:

The New York Times Company said on Saturday that it had agreed to sell The Boston Globe and its other New England media properties to John W. Henry, principal owner of the Boston Red Sox, returning the paper to local ownership after two decades in which it struggled to stem the decline in circulation and revenue.

Eileen Murphy, a Times spokeswoman, confirmed that Mr. Henry would pay $70 million for the paper. That would represent a staggering drop in value for the Globe, which The Times bought in 1993 for $1.1 billion, the highest price paid for an American newspaper.

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Wish I'd Said It

Nota bene: “Fear has governed my life, if I think about it. ... I always feel like I’m not good enough for some reason. I wish that wasn’t the case, but left to my own devices, that voice starts speaking up.” – Trent Reznor

“I hate to say this, but not many people care what you do. They care about what you do as much as you care about what they do. Think about it. Just exactly that much. You are not the center of the universe.” — Laurie Anderson

"The path's not yours till you've gone it alone a time." – William Carlos Williams

“Filling this empty space constitutes my identity.” – Twyla Tharp

"My definition of peace is having no noise in my head." – Eric Clapton

"The wreckage of the sky serves to confirm us in delicious error." – John Ashbery

"We are all here by the grace of the big bang. We are all literally the stuff of the stars." – Dwight Owsley

"For my part, I know nothing with any certainty, but the sight of stars makes me dream." – Vincent van Gogh

"It is only with the heart that one can see right; what is essential is invisible to the eye." — Antoine de Saint-Exupéry

"Forget about being a perfectionist, because entropy always wins out in the end." – Darren Kaufman.

"Impermanence. Impermanence. Impermanence." – Garry Shandling

"Fame is a vapor; popularity an accident; the only earthly certainty is oblivion." – Mark Twain

"There is no realm wherein we have the truth." – Gordon Lish

"Actual life is full of false clues and sign-posts that lead nowhere." – E.M. Forster

“Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe." – Frank Zappa

“I try to leave out the parts that readers tend to skip.” – Elmore Leonard

“The secret of being a bore is to tell everything.” – Voltaire

• Journal title and subtitle: Ian Hunter, “Man Overboard”

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