The New York Times Company profile and media properties

Janet L. Robinson is the CEO of The New York Times Company.

The New York Times Company (NYSE: NYT) is an American media company which publishes major newspapers including The New York Times, The Boston Globe and the International Herald Tribune, along with about 20 other regional newspapers in the United States.

Originally called the New York Daily Times, the New York Times was first published on September 18, 1851. The newspaper was founded by Henry Jarvis Raymond and George Jones. A few years later, in 1856, Raymond was also one of the founders of The Associated Press.

Adolph S. Ochs acquired the New York Times in 1896, and he led the newspaper to achieve the international prominence it holds today. Ochs coined the newspaper's slogan "All The News That's Fit To Print." The Times moved into a new office building at the beginning of the 20th century, and the area was named Times Square in 1904. Nine years later, the Times opened an annex at 229 43rd Street, which is the current company headquarters.

The New York Times nickname, "the gray lady," is thought to have been coined around 1950 and to be taken from the phrase "the Old Lady of Threadneedle Street," long used to describe the Bank of England.

Until 2007, The New York Times Company owned nine local television stations which operated as a unit called the Broadcast Media Group. On May 7, 2007, the TV stations were sold to Oak Hill Capital Partners, a private equity firm, for $575 million.

In 2009, the company sold its classical music radio station WQXR, which it had owned for 65 years, to WNYC for $45 million.

The New York Times Company holds a stake in the Boston Red Sox and two paper mills in the US and Canada. It operates web sites through New York Times Digital and About.com, acquired in March 2005 from Primedia for $410 million.

The descendants of Adolph Ochs, principally the Sulzberger family, control the New York Times Company through the Ochs-Sulzberger family trust. The trust owns a majority of the Class B shares and elects nine of 13 directors to the New York Times board. The family also owns about 19 percent of the Class A shares. Effectively, other owns of the Class A shares have no say in the management of the company.

In 2009, The New York Times Company had revenues of $2.4 billion, down sharply from $3.4 billion in 2005.

Contact Information

Web Site:	www.nytco.com
Telephone:	212.556.1234
Fax:	212.556.7389
Address:	229 West 43rd Street New York NY 10036 USA

National Media Properties

Select a media outlet to find a detailed profile at Mondo Times, the worldwide news media guide.

International Herald Tribune

New York Times

Local Media Properties

Select a media outlet to find a detailed profile at Mondo Times, the worldwide media guide.

In Alabama:	Florence Times Daily
In Massachusetts:	Boston Globe
	Clinton Item
	West Boylston Banner
	Worcester Telegram & Gazette
In New York:	New York Times
In France:	International Herald Tribune

Other The New York Times Company Properties

About, Inc.
Boston Red Sox Baseball Club (minority ownership)
New England Sports Network (approximately 80% ownership)
New England Sports Ventures (NESV)

Comments about The New York Times Company

Comments to date: 15. The most recent comments are below.


Media Owners editors Boulder Colorado USA	Posted at 9:22am on Thursday, September 23, 2010
New York Times Co. CEO: Prepare to Pay for Online Globe -- The Boston Business Journal reported on September 22, 2010: "The Boston Globe could announce by the end of this year a plan to charge readers for some of its online content in a bid to boost revenue. That’s according to executives at New York Times Co., the parent of the Globe. When asked about paid models and iPad subscriptions for Globe content, NYT Co. CEO Janet Robinson had this to say at a Wednesday conference sponsored by Goldman Sachs: “We are moving pretty quickly in regard to the Globe as well. There is more work — we have certainly done more work in regard to NYTimes.com. But the Globe has a paid app out there. In regard to big picture, you’re going to be seeing introduction of apps going in this quarter, in fact, in regard to Boston.com. But from a standpoint of evaluating what we plan on doing in regard to paid models, they are, that is under evaluation right now, in fact.” The metered model, as explained by NYT Co. senior vice president of digital operations Martin Nisenholtz, is basically where a certain amount of content articles are provided free on a running, 30-day basis. And after they hit that number, readers are asked to subscribe." The full story: http://www.bizjournals.com/boston/stories/2010/09/20/daily36.html


Media Owners editors Boulder Colorado USA	Posted at 9:16am on Thursday, September 23, 2010
New York Times Expects 3Q Loss, Lower Revenue -- The Associated Press (AP) reported on September 22, 2010: "The New York Times Co. said Wednesday it expects to show a loss for the third quarter, with newspaper advertising still in decline. Unlike the prior quarter, the Times Co. said that growth in digital ad sales will not make up for declines on the print side. Making matters worse, the company expects a drop in revenue from subscription and newsstand sales. All of which adds urgency to the company's efforts to find greater sources of revenue outside of printed newspapers. Its flagship daily is set to impose fees for accessing material on its website, NYTimes.com, beginning early next year. And the company has been working to expand its audience on mobile gadgets like the iPad, where it also hopes to find both subscription and advertising revenue. The Times Co., which also publishes the Boston Globe, International Herald Tribune and 15 other dailies, expects an overall revenue decline for the third quarter of 2 percent to 3 percent. Times Co. shares fell 52 cents, or 6.5 percent, to $7.45." The full story: http://finance.yahoo.com/news/New-York-Times-expects-3Q-apf-476510577.html


Larry Boston Ma.	Posted at 10:11am on Saturday, October 24, 2009
disappointed subscriber, What a jerk..? Keep watching FOX NEWS, you will be alright. Keep on thinking the world is going to end.


mir kader dhaka.bangladesh	Posted at 6:01am on Monday, August 24, 2009
i want to send news your paper


George Otieno Nairobi,Kenya	Posted at 6:00am on Monday, May 18, 2009
I like a journalist life. an yesterday when I was watching some movie {the outbreak} I meet your contact and I decided to surf the web. I would be very happy if you consider me one of your workers in the us. I hope to tell you more about me. My e-mail address is ajojero@yahoo.com, phone number +254710200662 hope to hear from you. thanks


Eric Kallgren Boulder, Colorado USA	Posted at 2:27pm on Thursday, January 29, 2009
On January 29, 2009, the New York Post reported that the New York Times Company plans to sell its interest in the Boston Red Sox: "The New York Times, which is scrambling to raise cash after downplaying its debt woes, reported a steep plunge in profit and said it hired an investment bank to sell its stake in the Boston Red Sox. Fourth-quarter earnings fell 48 percent as print advertising continued to deteriorate. In another troubling sign, ad revenue from its Internet businesses, including the flagship site and About.com, declined for the first time after years of growth. The Times, whose papers include the Boston Globe and the International Herald Tribune, is confronting the worst ad market in decades and deadlines to pay back millions of dollars in the next couple of years. Yesterday, the company disclosed another potential cash pitfall: Its pension plan is facing a shortfall of $625 million, compared with just $48 million a year earlier, because of the tanking stock market."


Eric Kallgren Boulder, Colorado USA	Posted at 1:29pm on Friday, December 19, 2008
On December 17, 2008, Reuters reported that the New York Times Company may sell its stake in the Boston Red Sox baseball team: CHICAGO (Reuters) - New York Times Co (NYT.N) could raise at least $200 million if it sold its 17-percent stake in the Boston Red Sox baseball team to raise cash to counter the advertising decline that is gouging U.S. newspaper publishers, analysts and sports bankers said. The Red Sox stake is as noncore an asset as you can get for the Times and would still be attractive to many buyers despite the recession, given the team's success and popularity, according to the analysts and bankers. "Sports teams are high on the list when media companies look to sell noncore assets, typically because they command strong valuations and generate limited amounts of cash flow," Fitch Ratings analyst Mike Simonton said. As recent examples, he cited Time Warner Inc's (TWX.N) sale in 2007 of the Atlanta Braves and the push by Tribune Co this year to sell the Chicago Cubs to pay down heavy debt that led the publisher to file for bankruptcy on December 8.


Eric Kallgren Boulder, Colorado USA	Posted at 2:17pm on Wednesday, December 10, 2008
On December 9, 2008, the Financial Times reported that the New York Times Company is looking at asset sales to stay afloat: The New York Times is considering potential asset sales and is in discussions with lenders as it prepares for one of the “most challenging years” in its history. Advertising revenue fell sharply at the paper in November, dragged down by weaker spending in the entertainment, property and automotive advertising categories. Executives said that assets were under review, but did not specify which were being targeted. When asked about potential buyers, Janet Robinson, chief executive, said the review was focused internally, but added: “We’re in contact with people in the community.” Company-watchers have identified its New England newspapers – including the Boston Globe – and its 17 per cent stake in the Boston Red Sox baseball team. But the company is not up for sale, Ms Robinson said. She said the Sulzberger family, which holds a controlling stake, “has made it very clear internally and externally they have no intentions of selling the company”.


disappointed subscriber Valparaiso, IN	Posted at 9:31am on Friday, September 5, 2008
Shame on you for your BIASED coverage of the presidential election!... I will not waste my money on your trash anymore!!! I am a proud American who doesn't need the liberal media to do my thinking for me!


John New Jersey	Posted at 11:58am on Sunday, July 27, 2008
I have written several letters to the editor of New York Times about their liberal bias. None were printed. I have now found a place where I can publish my letter - publishaletter.com

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