“We are a national newspaper with a New York heart,” said Les Hinton, the publisher of The Wall Street Journal, in his British accent. “We are, after all, named after a famous Manhattan street.”
It was just after 9am on Monday morning, and Mr. Hinton was providing opening remarks at the Journal‘s launch breakfast for Read More
Janet Robinson, President and C.E.O. of The New York Times Company and Jim Follo, Vice-President and C.F.O., addressed the UBS Global Media and Communications Conference this morning.
Robinson and Follo talked mainly about the Company’s current and future financial shape. While it’s been a challenging year, The Times has some things to be pleased about. Read More
So: The good news! The New York Times Company earned a profit! After bleak first-quarter results, the Times was able to eke out a small profit of $39.1 million.
Then there are the more troubling signs: Internet advertising revenue went down again, this time 14.3 percent. But during a conference call with investors this morning, Read More
The New York Times has a public-relations problem.
Every day there seem to be articles, and endless Web and television chatter, about The Times: The Times might shut down The Globe! The Times lost $75 million in the first quarter!
There’s only $34 million left in cash! The Times will stop printing in May! The Read More
The New York Times Guild is expected to approve a plan today that will cut 5 percent of the salaries of reporters and all other Guild members of The Times. Even though reporters were told that the plan was being pushed forward by the Times Company so as to avoid layoffs, union chief Bill O’Meara told Times employees at Read More
Today, Arthur Sulzberger, Jr. finally had to face the world.
This morning, from The New York Times‘ skyscraper on Eighth Avenue, Mr. Sulzberger hosted the Times Company’s 113th Annual Shareholders Meeting. He spoke to the company’s battered shareholders—most of those in attendance were geriatric or otherwise free at 10 a.m. on a Thursday morning—who desperately Read More
Today, Arthur Sulzberger, Jr. addressed New York Times Company shareholders at the company’s annual shareholders meeting. It was a week of ups-and-downs for the Times Company, with Monday’s announcement of five Pulitzer Prizes for the flagship paper followed two days later by a dismal quarterly earnings report, which saw the New York Read More
One day after The New York Times received five Pulitzer Prizes, The New York Times Company said in its 2009 First-Quarter conference call that total revenue had declined 18.6 percent. The company’s debt at the end of the quarter totaled $1.3 billion.
According to the Times Company’s press release this morning, the company Read More
The New York Times Company chairman Arthur Sulzberger Jr and CEO Janet Robinson announced today that they are cutting the salaries of New York Times editors, as well as all employees on the corporate side by 5 percent through the end of December. Mr. Sulzberger, along with Times executive editor Bill Keller, is also asking Read More
On Feb. 20, New York Times Company president and chief executive Janet Robinson was standing on the 15th floor of the Times building speaking to a room packed with hackers. About 140 software developers, engineers and miscellaneous geeks were tip-tapping on their laptops and iPhones—some in blazers and jeans, others sporting bedhead and Converse sneakers—while Read More