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The New York Times CompanyJanet 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. The New York Times Company owns eight local television stations and two New York radio stations. It 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 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 2005, The New York Times Company had revenues of $3.4 billion. Contact Information
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About, Inc. Boston Red Sox Baseball Club (minority ownership) Discovery Times Channel New England Sports Network (approximately 80% ownership) New England Sports Ventures (NESV) Comments about The New York Times CompanyComments to date: 5. This is page 1 of 1.
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The Top 20 U.S. Media Owners1. Time Warner Inc. 2. Walt Disney Company 3. Viacom Inc. 4. News Corporation 5. CBS Corporation 6. Cox Enterprises 7. NBC Universal 8. Gannett Company, Inc. 9. Clear Channel Communications Inc. 10. Advance Publications, Inc. 11. Tribune Company 12. McGraw-Hill Companies 13. Hearst Corporation 14. Washington Post Company 15. The New York Times Company 16. E.W. Scripps Co. 17. McClatchy Company 18. Thomson Corporation 19. Freedom Communications, Inc. 20. A&E Television Networks See All Media Companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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