diff --git "a/311910a7-bdee-4e4c-ab0b-d6cb61abb29d.json" "b/311910a7-bdee-4e4c-ab0b-d6cb61abb29d.json" new file mode 100644--- /dev/null +++ "b/311910a7-bdee-4e4c-ab0b-d6cb61abb29d.json" @@ -0,0 +1,40 @@ +{ + "interaction_id": "311910a7-bdee-4e4c-ab0b-d6cb61abb29d", + "search_results": [ + { + "page_name": "The New York Times Company - Wikipedia", + "page_url": "https://en.wikipedia.org/wiki/The_New_York_Times_Company", + "page_snippet": "Alongside its namesake newspaper, the company owns the New York Times International Edition and related digital properties including NYTimes.com, as well as various brand-related properties. Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT.Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT. From April 27, 1967, until January 13, 1969, the company's Class A common stock traded over the counter. From January 14, 1969, until September 24, 1997, the shares were traded on the American Stock Exchange. Of the two categories of stock, Class A and Class B, the former is publicly traded and the latter is held privately\u2014largely (over 90% through The 1997 Trust) by the descendants of Adolph Ochs, who purchased The New York Times newspaper in 1896. In 2013, the New York Times Company sold The Boston Globe and other New England media properties to John W. Henry, the principal owner of the Boston Red Sox. According to the Times Company, the move was made in order to focus more on its core brands. After forming an editorial partnership with the New York Times in 2015, The Wirecutter was acquired by the Times in October 2016 for a reported $30 million. The first edition of the newspaper The New York Times, published on September 18, 1851, stated: \"We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come.\" The company moved into the cable channel industry, purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994. In 1996, it expanded upon its broadcasting by purchasing Palmer Communications, owners of WHO-DT in Des Moines and KFOR in Oklahoma City. In 2007, the company moved from 229 West 43rd Street to the New York Times Building at 620 Eighth Avenue, on the west side of Times Square, between 40th and 41st streets across from the Port Authority of New York & New Jersey Bus Terminal. On July 14, 2009, the company announced that WQXR was to be sold to WNYC, which moved the station to 105.9 FM and began to operate the station noncommercially on October 8, 2009. This US$45 million transaction, which involved Univision Radio's WCAA moving to the 96.3 FM frequency from 105.9 FM, ended the Times' 65-year-long ownership of the station. The New York Times Company is an American mass-media company that publishes The New York Times, its associated publications, and other media properties. Its headquarters are in Manhattan, New York City. The company was founded by Henry Jarvis Raymond and George Jones in New York City.", + "page_result": "\n\n\n\nThe New York Times Company - Wikipedia\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJump to content\n
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The New York Times Company

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From Wikipedia, the free encyclopedia
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American mass media company
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The New York Times Company
\"New
The New York Times Building, headquarters of the company
Company typePublic
IndustryNewspapers
FoundedSeptember 18, 1851; 172 years ago (1851-09-18)
Founders
HeadquartersThe New York Times Building, ,
United States
Area served
Worldwide
Key people
Products
Revenue\"Increase\" US$2.43 billion (2023)
\"Increase\" US$276 million (2023)
\"Increase\" US$232 million (2023)
Total assets\"Increase\" US$2.71 billion (2023)
Total equity\"Increase\" US$1.76 billion (2023)
Number of employees
c. 5,900 (2023)
Websitenytco.com
Footnotes / references
[1][2][3][4]
\n

The New York Times Company is an American mass-media company that publishes The New York Times, its associated publications, and other media properties. Its headquarters are in Manhattan, New York City.[5]\n

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History[edit]

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The company was founded by Henry Jarvis Raymond and George Jones in New York City. The first edition of the newspaper The New York Times, published on September 18, 1851, stated: \"We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come.\"[6]\n

The company moved into the cable channel industry, purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994.[7] In 1996, it expanded upon its broadcasting by purchasing Palmer Communications, owners of WHO-DT in Des Moines and KFOR in Oklahoma City.[8]\n

The company completed its purchase of The Washington Post's 50 percent interest in the International Herald Tribune (IHT) for US$65 million on January 1, 2003, becoming the sole owner.[9]\n

On March 18, 2005, the company acquired About.com, an online provider of consumer information, for US$410 million.[10] In 2005, the company reported revenues of US$3.4 billion to its investors.[11]\n

The Times, on August 25, 2006, acquired Baseline StudioSystems, an online database and research service on the film and television industries for US$35 million.[12]\n

The company announced on September 12, 2006, its decision to sell its Broadcast Media Group, consisting of \"nine network-affiliated television stations, their related Web sites and the digital operating center\".[13] The New York Times reported on January 4, 2007, that the company had reached an agreement to sell all nine local television stations to the private equity firm Oak Hill Capital Partners, which then created a holding company for the stations, Local TV LLC.[14][15] The company announced that it had finalized the sale of its Broadcast Media Group on May 7, 2007, for \"approximately $575 million\".[15]\n

On May 7, 2007, the company announced that its About.com web information service was acquiring Consumersearch.com, a Web site that compiles reviews of consumer products, for $33 million in cash.[16]\n

In 2007, the company moved from 229 West 43rd Street to the New York Times Building at 620 Eighth Avenue, on the west side of Times Square, between 40th and 41st streets across from the Port Authority of New York & New Jersey Bus Terminal.[17]\n

On July 14, 2009, the company announced that WQXR was to be sold to WNYC, which moved the station to 105.9 FM and began to operate the station noncommercially on October 8, 2009. This US$45 million transaction, which involved Univision Radio's WCAA moving to the 96.3 FM frequency from 105.9 FM, ended the Times' 65-year-long ownership of the station.[18]\n

In December 2011, the company sold its Regional Media Group to Halifax Media Group, owners of The Daytona Beach News-Journal, for $143 million. The Boston Globe and The Telegram & Gazette of Worcester were not part of the sale.[19] In 2011, the Times sold Baseline StudioSystems back to its original owners, Laurie S. Silvers and Mitchell Rubenstein, majority shareholders of Project Hollywood LLC.[12]\n

Facing falling revenue from print advertising in its flagship publication in 2011, The New York Times, the company introduced a paywall to its website. As of 2012, it had been modestly successful, garnering several hundred thousand subscriptions and about $100 million in annual revenue.[20]\n

In 2013, the New York Times Company sold The Boston Globe and other New England media properties to John W. Henry, the principal owner of the Boston Red Sox. According to the Times Company, the move was made in order to focus more on its core brands.[21][22]\n

After forming an editorial partnership with the New York Times in 2015,[23] The Wirecutter was acquired by the Times in October 2016 for a reported $30 million.\n

In March 2020, the New York Times Company acquired subscription-based audio app, Audm.[24]\n

In July 2020, the New York Times Company acquired podcast production company Serial Productions.[25] The same month, the company appointed chief operating officer Meredith Kopit Levien to the position of CEO.[26]\n

In February 2022, the New York Times Company bought The Athletic, a subscription-based sports news website, for $550 million.[27] Its founders, Alex Mather and Adam Hansmann, stayed with the publication, which runs separately from the Times.[28] Later that month, it acquired Wordle, an Internet word puzzle game that grew from 90 players in October 2021 to millions at the time of purchase.[29]\n

ValueAct Capital took a stake in the company in August 2022.[30] ValueAct aims to encourage the company to more actively pursue the sale of \"bundled\" subscriptions to its various offerings.[30]\n

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Radio stations[edit]

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An advertisement of WQXR-FM-AM, formerly known as \"The Stereo Stations of The New York Times\" (1986)
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The paper bought AM radio station WQXR (1560 kHz) in 1944.[31] Its \"sister\" FM station, WQXQ, became WQXR-FM (96.3 MHz). Branded as \"The Stereo Stations of The New York Times\", its classical music radio format was simulcast on both the AM & FM frequencies until December 1992, when the big-band and pop standards music format of station WNEW (1130 kHz \u2013 now WBBR/\"Bloomberg Radio\") was transferred to and adopted by WQXR; in recognition of the format change, WQXR changed its call letters to WQEW (a \"hybrid\" combination of \"WQXR\" and \"WNEW\").[32] By 1999, The New York Times was leasing WQEW to ABC Radio for its \"Radio Disney\" format.[33] In 2007, WQEW was finally purchased by Disney; in late 2014, it was sold to Family Radio (a religious radio network) and became WFME.[34] In 2009, WQXR-FM was sold to the WNYC radio group and, on October 8, moved from 96.3 to 105.9 MHz (swapping frequencies with Spanish-language station WXNY-FM, which wanted the more powerful transmitter to increase its coverage) and began operating it as a noncommercial, public radio station.[35]\n

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Holdings[edit]

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Alongside its namesake newspaper, the company owns the New York Times International Edition and related digital properties including NYTimes.com, as well as various brand-related properties.[36]\n

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Ownership and leadership[edit]

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Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT. From April 27, 1967, until January 13, 1969, the company's Class A common stock traded over the counter. From January 14, 1969, until September 24, 1997, the shares were traded on the American Stock Exchange.[37] Of the two categories of stock, Class A and Class B, the former is publicly traded and the latter is held privately\u2014largely (over 90% through The 1997 Trust) by the descendants of Adolph Ochs, who purchased The New York Times newspaper in 1896.[38]\n

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Carlos Slim loan and investment[edit]

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On January 20, 2009, The New York Times reported that its parent company, the New York Times Company, had reached an agreement to borrow $250 million from Mexican billionaire Carlos Slim, \"to help the newspaper company finance its businesses\".[39] The New York Times Company later repaid that loan ahead of schedule.[40] Since then, Slim has bought large quantities of the company's Class A shares, which are available for purchase by the public and offer less control over the company than Class B shares, which are privately held.[40] Slim's investments in the company included large purchases of Class A shares in 2011, when he increased his stake in the company to 8.1% of Class A shares,[41] and again in 2015, when he exercised stock options\u2014acquired as part of a repayment plan on the 2009 loan\u2014to purchase 15.9 million Class A shares, making him the largest shareholder.[40][42] As of March 7, 2016, Slim owned 17.4% of the company's Class A shares, according to annual filings submitted by the company.[43][44][45] While Slim is the largest shareholder in the company, his investment only allows him to vote for Class A directors, a third of the company's board.[40]\n

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Board of directors[edit]

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As of February 2024:[update][46]\n

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Community awards[edit]

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2008 I Love My Librarian award recipients Linda Allen and Margaret \"Gigi\" Lincoln talk with Janet Robinson in The New York Times Building.
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The company sponsors a series of national and local awards designed to highlight the achievements of individuals and organizations in different realms.\n

In 2007, it inaugurated its first Nonprofit Excellence Award, awarded to four organizations \"for the excellence of their management practices\". Only nonprofits in New York City, Long Island, or Westchester were eligible.[47]\n

Jointly with the Carnegie Corporation of New York and the American Library Association, the New York Times Company sponsors an award to honor librarians \"for service to their communities\". The I Love My Librarian! award was given to ten recipients in December 2008, and presented by the New York Times Company president and CEO Janet L. Robinson, Carnegie Corporation president Vartan Gregorian, and Jim Rettig, president of the American Library Association. The award has been given to ten exceptional librarians annually since that date.[48]\n

In May 2009, the company launched The New York Times Outstanding Playwright Award to honor an American playwright who had recently had his or her professional debut in New York.[49] The first winner was Tarell Alvin McCraney for his play \"The Brothers Size\".[50] In 2010, Dan LeFranc won for his play \"Sixty Miles to Silver Lake\".[51]\n

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See also[edit]

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Notes[edit]

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    \n
  1. ^ The New York Times Company 2023 Annual Report (Form 10-K). SEC.gov (Report). U.S. Securities and Exchange Commission. February 20, 2024.\n
  2. \n
  3. ^ \"Mexican Billionaire Invests in Times Company\". The New York Times. January 20, 2009.\n
  4. \n
  5. ^ \"The Sulzberger Dynasty Tightens Its Grip on the New York Times\". Fortune. October 19, 2016. Archived from the original on November 20, 2016. Retrieved November 19, 2016.\n
  6. \n
  7. ^ Vinton, Kate (June 1, 2016). \"These 15 Billionaires Own America's News Media Companies\". Forbes.\n
  8. \n
  9. ^ \"Contact Us\". The New York Times Company. Archived from the original on May 6, 2009. Retrieved August 28, 2009.\n
  10. \n
  11. ^ \"Timeline\". The New York Times Company. Archived from the original on September 14, 2008. Retrieved September 29, 2008.\n
  12. \n
  13. ^ (November 28, 1994). \"The New York Times Co. has decided to enter the cable network business by taking a 40% stake in the soon-to-be-launched Popcorn Channel. (Brief Article).\" Broadcasting & Cable. NewBay Media LLC. 1994.\n
  14. \n
  15. ^ \"Times Co. in Deal to Buy 2 TV Stations\". The New York Times. May 15, 1996. ISSN 0362-4331. Retrieved November 2, 2021.\n
  16. \n
  17. ^ Kirkpatrick, David D. (January 2, 2003). \"International Herald Tribune Now Run Solely by The Times\". The New York Times. Retrieved August 29, 2008. The International Herald Tribune, descendant of an American paper first published in Paris in 1887, is appearing today for the first time under the sole ownership and management of the New York Times Company. The takeover ends an anomalous 35-year partnership between The Times and its domestic competitor The Washington Post that produced a journalistic hybrid consisting mainly of articles and editorials from both papers compiled by editors in Paris. In October, The Times reached an agreement to buy The Post's 50 percent stake in the venture for about $70 million -- in part, The Post said, by threatening to start a rival paper overseas.\n
  18. \n
  19. ^ Teather, David (February 17, 2005). \"New York Times buys About.com\". The Guardian. ISSN 0261-3077. Retrieved January 8, 2017.\n
  20. \n
  21. ^ \"The New York Times Company 2005 Annual Report\" (PDF). Archived (PDF) from the original on August 28, 2020. Retrieved August 28, 2020.\n
  22. \n
  23. ^ a b \"NY Times Sells TV/Movie Database Baseline\". Deadline Hollywood. October 7, 2011.\n
  24. \n
  25. ^ \"The New York Times Company Announces Plan to Sell Its Broadcast Media Group\" (Press release). The New York Times Company. September 12, 2006. Archived from the original on January 9, 2016. Retrieved July 23, 2008.\n
  26. \n
  27. ^ Story, Louise (January 4, 2007). \"New York Times to Sell 9 Local TV Stations\". The New York Times. Retrieved August 23, 2008.\n
  28. \n
  29. ^ a b \"The New York Times Company Reports April Revenues\" (Press release). The New York Times Company. May 17, 2007. Archived from the original on July 22, 2012. Retrieved August 23, 2008. On May 7, 2007, the Company sold the Broadcast Media Group, consisting of nine network-affiliated television stations, their related Web sites and the digital operating center, for approximately $575 million.\n
  30. \n
  31. ^ Times, The New York (May 7, 2007). \"About.com Buys ConsumerSearch.com\". The New York Times. ISSN 0362-4331. Retrieved September 13, 2019.\n
  32. \n
  33. ^ \"The New York Times Company Enters The 21st Century With A New Technologically Advanced And Environmentally Sensitive Headquarters\" (PDF) (Press release). The New York Times Company. November 19, 2007. Archived from the original (PDF) on August 24, 2008. Retrieved August 23, 2008.\n
  34. \n
  35. ^ Bensinger, Greg (July 14, 2009). \"New York Times to Get $45 Million for Radio Station\". Bloomberg News. Retrieved July 18, 2009.\n
  36. \n
  37. ^ \"New York Times agrees to sell regional news group\". The Boston Globe. December 27, 2011. Retrieved December 30, 2011.\n
  38. \n
  39. ^ Sass, Erik (March 12, 2012). \"'NYT' Pay Wall Could Bring $100M Annually\". Media Daily News. Retrieved March 13, 2012.\n
  40. \n
  41. ^ Christine, Haughney (August 3, 2013). \"New York Times Company Sells Boston Globe\". The New York Times. Retrieved August 4, 2013.\n
  42. \n
  43. ^ \"Red Sox Principal Owner to Buy Boston Globe Newspaper\". The Wall Street Journal. August 3, 2013. Retrieved August 5, 2013.\n
  44. \n
  45. ^ Owens, Simon (March 21, 2018). \"Inside The New York Times's post-acquisition strategy for Wirecutter\". Medium. Retrieved December 20, 2021.\n
  46. \n
  47. ^ \"The New York Times Company acquires Audm, an app that turns longform journalism into audio\". TechCrunch. March 23, 2020. Retrieved April 17, 2020.\n
  48. \n
  49. ^ \"The New York Times Company Acquires Serial Productions and Forms a Strategic Alliance with \"This American Life\"\". www.businesswire.com. July 22, 2020. Retrieved July 23, 2020.\n
  50. \n
  51. ^ \"NYT promotes Kopit Levien to CEO role\". Financial Post. Reuters. July 22, 2020. Retrieved September 9, 2020.\n
  52. \n
  53. ^ Tracy, Marc (February 2, 2022). \"The Times hits its goal of 10 million subscriptions with the addition of The Athletic\". The New York Times. Archived from the original on July 19, 2022.\n
  54. \n
  55. ^ \"The New York Times Company to Acquire The Athletic\". investors.nytco.com. Retrieved January 7, 2022.\n
  56. \n
  57. ^ \"NYT promotes Kopit Levien to CEO role\". The New York Times. New York Times Company. January 31, 2022. Retrieved February 2, 2022.\n
  58. \n
  59. ^ a b Deveau, Scott (August 11, 2022). \"New York Times Is Targeted by Activist Investor Pushing for Subscriber-Only Bundles\". Bloomberg. Archived from the original on August 11, 2022. Retrieved August 11, 2022.\n
  60. \n
  61. ^ \"New York Times Timeline 1941\u20131970\". The New York Times Company. Archived from the original on September 7, 2008. Retrieved September 16, 2008.\n
  62. \n
  63. ^ Kozinn, Allan (October 21, 1992). \"WQXR-AM to Change Its Format, to Popular Music From Classical\". The New York Times. Retrieved September 16, 2008.\n
  64. \n
  65. ^ Blumenthal, Ralph (December 2, 1998). \"WQEW-AM: All Kids, All the Time\". The New York Times. Retrieved September 16, 2008.\n
  66. \n
  67. ^ Family Radio Returns To New York \u2013 RadioInsight Archived February 21, 2015, at the Wayback Machine November 21, 2014\n
  68. \n
  69. ^ Bensinger, Greg (July 14, 2009). \"New York Times to Get $45 Million for Radio Station\". Bloomberg News. Archived from the original on February 16, 2012. Retrieved July 18, 2009.\n
  70. \n
  71. ^ \"Business Units\". The New York Times Company. Archived from the original on August 30, 2008. Retrieved August 29, 2008. The New York Times Company, a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other daily newspapers, WQXR-FM, and more than 50 Web sites, including NYTimes.com, Boston.com, and About.com. The Company's core purpose is to enhance society by creating, collecting, and distributing high-quality news, information, and entertainment.\n
  72. \n
  73. ^ \"FAQs\". The New York Times Company.\n
  74. \n
  75. ^ \"SCHEDULE 13D/A (Amendment No. 11)\". Securities and Exchange Commission. January 1, 2018. Retrieved June 5, 2021.\n
  76. \n
  77. ^ Dash, Eric (January 19, 2009). \"Mexican Billionaire Invests in Times Company\". The New York Times. Retrieved July 1, 2012.\n
  78. \n
  79. ^ a b c d Laya, Patricia; Smith, Gerry (January 14, 2015). \"Billionaire Carlos Slim Doubles Holdings in New York Times\". Bloomberg News. Retrieved June 20, 2015.\n
  80. \n
  81. ^ Saba, Jennifer (October 6, 2011). \"Carlos Slim increases stake in NY Times\". Reuters. Retrieved July 1, 2012.\"\n
  82. \n
  83. ^ \"Carlos Slim becomes top New York Times shareholder\". Reuters. January 14, 2017.\n
  84. \n
  85. ^ \"The New York Times Company Notice of 2016 Annual Meeting and Proxy Statement\" (PDF). The New York Times Company. March 22, 2016. Retrieved October 28, 2016.\n
  86. \n
  87. ^ \"Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, for The New York Times Company (Form 10-K)\". Securities and Exchange Commission. February 24, 2016. Retrieved October 28, 2016., See Item 12, which states, \"The information required by this item is incorporated by reference to the sections titled \"Principal Holders of Common Stock\", \"Security Ownership of Management and Directors\" and \"The 1997 Trust\" of our Proxy Statement for the 2016 Annual Meeting of Stockholders.\n
  88. \n
  89. ^ Stiles, Andrew (May 27, 2016). \"New York Times Is Very Concerned About Billionaire Media Investors\u2014But Not Their Billionaire Investor\". Heatstreet. Dow Jones & Company, Inc. Retrieved May 29, 2016. Slim doubled his stake in the Times to 16.8 percent last year after exercising options tied to a $250 million loan he gave the company that helped it survive the financial downturn in 2009. His current stake in the company is valued at more than $300 million.\n
  90. \n
  91. ^ \"Board of Directors\". NYTCo. Retrieved February 26, 2024.\n
  92. \n
  93. ^ \"The New York Times Company Announces Four Winners of Its First Nonprofit Excellence Awards\" (Press release). The New York Times Company. June 28, 2007. Retrieved December 10, 2008.\n
  94. \n
  95. ^ \"Carnegie Corporation of New York/New York Times I Love My Librarian Award winners announced\" (Press release). American Library Association. December 8, 2008. Archived from the original on February 20, 2011. Retrieved February 3, 2009.\n
  96. \n
  97. ^ Healy, Patrick. \"Times's Outstanding Playwright Award Goes to Kristoffer Diaz\". ArtsBeat. Retrieved February 12, 2017.\n
  98. \n
  99. ^ Joseph, Chris (August 31, 2011). \"Tarell Alvin McCraney Brings His Award-Winning The Brothers Size Home to Miami\". Miami New Times. Retrieved February 12, 2017.\n
  100. \n
  101. ^ \"The New York Times Company \u2013 Dan LeFranc Wins the 2010 New York Times Outstanding Playwright Award For \"Sixty Miles to Silver Lake\"\". investors.nytco.com. Retrieved February 12, 2017.\n
  102. \n
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External links[edit]

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Wikimedia Commons has media related to The New York Times Company.
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  • Official website
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  • International New York Times
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  • The New York Times Company records (1836\u20132000) \u2013 The New York Public Library
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  • New Yimes Times building Archived February 9, 2010, at the Wayback Machine
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  • Business data for The New York Times Company:
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\n\n\n\n", + "page_last_modified": " Mon, 26 Feb 2024 18:21:50 GMT" + }, + { + "page_name": "The New York Times Company - Wikipedia", + "page_url": "https://en.wikipedia.org/wiki/The_New_York_Times_Company", + "page_snippet": "Alongside its namesake newspaper, the company owns the New York Times International Edition and related digital properties including NYTimes.com, as well as various brand-related properties. Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT.Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT. From April 27, 1967, until January 13, 1969, the company's Class A common stock traded over the counter. From January 14, 1969, until September 24, 1997, the shares were traded on the American Stock Exchange. Of the two categories of stock, Class A and Class B, the former is publicly traded and the latter is held privately\u2014largely (over 90% through The 1997 Trust) by the descendants of Adolph Ochs, who purchased The New York Times newspaper in 1896. In 2013, the New York Times Company sold The Boston Globe and other New England media properties to John W. Henry, the principal owner of the Boston Red Sox. According to the Times Company, the move was made in order to focus more on its core brands. After forming an editorial partnership with the New York Times in 2015, The Wirecutter was acquired by the Times in October 2016 for a reported $30 million. The first edition of the newspaper The New York Times, published on September 18, 1851, stated: \"We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come.\" The company moved into the cable channel industry, purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994. In 1996, it expanded upon its broadcasting by purchasing Palmer Communications, owners of WHO-DT in Des Moines and KFOR in Oklahoma City. In 2007, the company moved from 229 West 43rd Street to the New York Times Building at 620 Eighth Avenue, on the west side of Times Square, between 40th and 41st streets across from the Port Authority of New York & New Jersey Bus Terminal. On July 14, 2009, the company announced that WQXR was to be sold to WNYC, which moved the station to 105.9 FM and began to operate the station noncommercially on October 8, 2009. This US$45 million transaction, which involved Univision Radio's WCAA moving to the 96.3 FM frequency from 105.9 FM, ended the Times' 65-year-long ownership of the station. The New York Times Company is an American mass-media company that publishes The New York Times, its associated publications, and other media properties. Its headquarters are in Manhattan, New York City. The company was founded by Henry Jarvis Raymond and George Jones in New York City.", + "page_result": "\n\n\n\nThe New York Times Company - Wikipedia\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJump to content\n
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The New York Times Company

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From Wikipedia, the free encyclopedia
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American mass media company
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The New York Times Company
\"New
The New York Times Building, headquarters of the company
Company typePublic
IndustryNewspapers
FoundedSeptember 18, 1851; 172 years ago (1851-09-18)
Founders
HeadquartersThe New York Times Building, ,
United States
Area served
Worldwide
Key people
Products
Revenue\"Increase\" US$2.43 billion (2023)
\"Increase\" US$276 million (2023)
\"Increase\" US$232 million (2023)
Total assets\"Increase\" US$2.71 billion (2023)
Total equity\"Increase\" US$1.76 billion (2023)
Number of employees
c. 5,900 (2023)
Websitenytco.com
Footnotes / references
[1][2][3][4]
\n

The New York Times Company is an American mass-media company that publishes The New York Times, its associated publications, and other media properties. Its headquarters are in Manhattan, New York City.[5]\n

\n\n

History[edit]

\n

The company was founded by Henry Jarvis Raymond and George Jones in New York City. The first edition of the newspaper The New York Times, published on September 18, 1851, stated: \"We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come.\"[6]\n

The company moved into the cable channel industry, purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994.[7] In 1996, it expanded upon its broadcasting by purchasing Palmer Communications, owners of WHO-DT in Des Moines and KFOR in Oklahoma City.[8]\n

The company completed its purchase of The Washington Post's 50 percent interest in the International Herald Tribune (IHT) for US$65 million on January 1, 2003, becoming the sole owner.[9]\n

On March 18, 2005, the company acquired About.com, an online provider of consumer information, for US$410 million.[10] In 2005, the company reported revenues of US$3.4 billion to its investors.[11]\n

The Times, on August 25, 2006, acquired Baseline StudioSystems, an online database and research service on the film and television industries for US$35 million.[12]\n

The company announced on September 12, 2006, its decision to sell its Broadcast Media Group, consisting of \"nine network-affiliated television stations, their related Web sites and the digital operating center\".[13] The New York Times reported on January 4, 2007, that the company had reached an agreement to sell all nine local television stations to the private equity firm Oak Hill Capital Partners, which then created a holding company for the stations, Local TV LLC.[14][15] The company announced that it had finalized the sale of its Broadcast Media Group on May 7, 2007, for \"approximately $575 million\".[15]\n

On May 7, 2007, the company announced that its About.com web information service was acquiring Consumersearch.com, a Web site that compiles reviews of consumer products, for $33 million in cash.[16]\n

In 2007, the company moved from 229 West 43rd Street to the New York Times Building at 620 Eighth Avenue, on the west side of Times Square, between 40th and 41st streets across from the Port Authority of New York & New Jersey Bus Terminal.[17]\n

On July 14, 2009, the company announced that WQXR was to be sold to WNYC, which moved the station to 105.9 FM and began to operate the station noncommercially on October 8, 2009. This US$45 million transaction, which involved Univision Radio's WCAA moving to the 96.3 FM frequency from 105.9 FM, ended the Times' 65-year-long ownership of the station.[18]\n

In December 2011, the company sold its Regional Media Group to Halifax Media Group, owners of The Daytona Beach News-Journal, for $143 million. The Boston Globe and The Telegram & Gazette of Worcester were not part of the sale.[19] In 2011, the Times sold Baseline StudioSystems back to its original owners, Laurie S. Silvers and Mitchell Rubenstein, majority shareholders of Project Hollywood LLC.[12]\n

Facing falling revenue from print advertising in its flagship publication in 2011, The New York Times, the company introduced a paywall to its website. As of 2012, it had been modestly successful, garnering several hundred thousand subscriptions and about $100 million in annual revenue.[20]\n

In 2013, the New York Times Company sold The Boston Globe and other New England media properties to John W. Henry, the principal owner of the Boston Red Sox. According to the Times Company, the move was made in order to focus more on its core brands.[21][22]\n

After forming an editorial partnership with the New York Times in 2015,[23] The Wirecutter was acquired by the Times in October 2016 for a reported $30 million.\n

In March 2020, the New York Times Company acquired subscription-based audio app, Audm.[24]\n

In July 2020, the New York Times Company acquired podcast production company Serial Productions.[25] The same month, the company appointed chief operating officer Meredith Kopit Levien to the position of CEO.[26]\n

In February 2022, the New York Times Company bought The Athletic, a subscription-based sports news website, for $550 million.[27] Its founders, Alex Mather and Adam Hansmann, stayed with the publication, which runs separately from the Times.[28] Later that month, it acquired Wordle, an Internet word puzzle game that grew from 90 players in October 2021 to millions at the time of purchase.[29]\n

ValueAct Capital took a stake in the company in August 2022.[30] ValueAct aims to encourage the company to more actively pursue the sale of \"bundled\" subscriptions to its various offerings.[30]\n

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Radio stations[edit]

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An advertisement of WQXR-FM-AM, formerly known as \"The Stereo Stations of The New York Times\" (1986)
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The paper bought AM radio station WQXR (1560 kHz) in 1944.[31] Its \"sister\" FM station, WQXQ, became WQXR-FM (96.3 MHz). Branded as \"The Stereo Stations of The New York Times\", its classical music radio format was simulcast on both the AM & FM frequencies until December 1992, when the big-band and pop standards music format of station WNEW (1130 kHz \u2013 now WBBR/\"Bloomberg Radio\") was transferred to and adopted by WQXR; in recognition of the format change, WQXR changed its call letters to WQEW (a \"hybrid\" combination of \"WQXR\" and \"WNEW\").[32] By 1999, The New York Times was leasing WQEW to ABC Radio for its \"Radio Disney\" format.[33] In 2007, WQEW was finally purchased by Disney; in late 2014, it was sold to Family Radio (a religious radio network) and became WFME.[34] In 2009, WQXR-FM was sold to the WNYC radio group and, on October 8, moved from 96.3 to 105.9 MHz (swapping frequencies with Spanish-language station WXNY-FM, which wanted the more powerful transmitter to increase its coverage) and began operating it as a noncommercial, public radio station.[35]\n

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Holdings[edit]

\n\n

Alongside its namesake newspaper, the company owns the New York Times International Edition and related digital properties including NYTimes.com, as well as various brand-related properties.[36]\n

\n

Ownership and leadership[edit]

\n

Since September 25, 1997, the company has been listed on the New York Stock Exchange under the symbol NYT. From April 27, 1967, until January 13, 1969, the company's Class A common stock traded over the counter. From January 14, 1969, until September 24, 1997, the shares were traded on the American Stock Exchange.[37] Of the two categories of stock, Class A and Class B, the former is publicly traded and the latter is held privately\u2014largely (over 90% through The 1997 Trust) by the descendants of Adolph Ochs, who purchased The New York Times newspaper in 1896.[38]\n

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Carlos Slim loan and investment[edit]

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On January 20, 2009, The New York Times reported that its parent company, the New York Times Company, had reached an agreement to borrow $250 million from Mexican billionaire Carlos Slim, \"to help the newspaper company finance its businesses\".[39] The New York Times Company later repaid that loan ahead of schedule.[40] Since then, Slim has bought large quantities of the company's Class A shares, which are available for purchase by the public and offer less control over the company than Class B shares, which are privately held.[40] Slim's investments in the company included large purchases of Class A shares in 2011, when he increased his stake in the company to 8.1% of Class A shares,[41] and again in 2015, when he exercised stock options\u2014acquired as part of a repayment plan on the 2009 loan\u2014to purchase 15.9 million Class A shares, making him the largest shareholder.[40][42] As of March 7, 2016, Slim owned 17.4% of the company's Class A shares, according to annual filings submitted by the company.[43][44][45] While Slim is the largest shareholder in the company, his investment only allows him to vote for Class A directors, a third of the company's board.[40]\n

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Board of directors[edit]

\n

As of February 2024:[update][46]\n

\n\n

Community awards[edit]

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2008 I Love My Librarian award recipients Linda Allen and Margaret \"Gigi\" Lincoln talk with Janet Robinson in The New York Times Building.
\n

The company sponsors a series of national and local awards designed to highlight the achievements of individuals and organizations in different realms.\n

In 2007, it inaugurated its first Nonprofit Excellence Award, awarded to four organizations \"for the excellence of their management practices\". Only nonprofits in New York City, Long Island, or Westchester were eligible.[47]\n

Jointly with the Carnegie Corporation of New York and the American Library Association, the New York Times Company sponsors an award to honor librarians \"for service to their communities\". The I Love My Librarian! award was given to ten recipients in December 2008, and presented by the New York Times Company president and CEO Janet L. Robinson, Carnegie Corporation president Vartan Gregorian, and Jim Rettig, president of the American Library Association. The award has been given to ten exceptional librarians annually since that date.[48]\n

In May 2009, the company launched The New York Times Outstanding Playwright Award to honor an American playwright who had recently had his or her professional debut in New York.[49] The first winner was Tarell Alvin McCraney for his play \"The Brothers Size\".[50] In 2010, Dan LeFranc won for his play \"Sixty Miles to Silver Lake\".[51]\n

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See also[edit]

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Notes[edit]

\n
\n
    \n
  1. ^ The New York Times Company 2023 Annual Report (Form 10-K). SEC.gov (Report). U.S. Securities and Exchange Commission. February 20, 2024.\n
  2. \n
  3. ^ \"Mexican Billionaire Invests in Times Company\". The New York Times. January 20, 2009.\n
  4. \n
  5. ^ \"The Sulzberger Dynasty Tightens Its Grip on the New York Times\". Fortune. October 19, 2016. Archived from the original on November 20, 2016. Retrieved November 19, 2016.\n
  6. \n
  7. ^ Vinton, Kate (June 1, 2016). \"These 15 Billionaires Own America's News Media Companies\". Forbes.\n
  8. \n
  9. ^ \"Contact Us\". The New York Times Company. Archived from the original on May 6, 2009. Retrieved August 28, 2009.\n
  10. \n
  11. ^ \"Timeline\". The New York Times Company. Archived from the original on September 14, 2008. Retrieved September 29, 2008.\n
  12. \n
  13. ^ (November 28, 1994). \"The New York Times Co. has decided to enter the cable network business by taking a 40% stake in the soon-to-be-launched Popcorn Channel. (Brief Article).\" Broadcasting & Cable. NewBay Media LLC. 1994.\n
  14. \n
  15. ^ \"Times Co. in Deal to Buy 2 TV Stations\". The New York Times. May 15, 1996. ISSN 0362-4331. Retrieved November 2, 2021.\n
  16. \n
  17. ^ Kirkpatrick, David D. (January 2, 2003). \"International Herald Tribune Now Run Solely by The Times\". The New York Times. Retrieved August 29, 2008. The International Herald Tribune, descendant of an American paper first published in Paris in 1887, is appearing today for the first time under the sole ownership and management of the New York Times Company. The takeover ends an anomalous 35-year partnership between The Times and its domestic competitor The Washington Post that produced a journalistic hybrid consisting mainly of articles and editorials from both papers compiled by editors in Paris. In October, The Times reached an agreement to buy The Post's 50 percent stake in the venture for about $70 million -- in part, The Post said, by threatening to start a rival paper overseas.\n
  18. \n
  19. ^ Teather, David (February 17, 2005). \"New York Times buys About.com\". The Guardian. ISSN 0261-3077. Retrieved January 8, 2017.\n
  20. \n
  21. ^ \"The New York Times Company 2005 Annual Report\" (PDF). Archived (PDF) from the original on August 28, 2020. Retrieved August 28, 2020.\n
  22. \n
  23. ^ a b \"NY Times Sells TV/Movie Database Baseline\". Deadline Hollywood. October 7, 2011.\n
  24. \n
  25. ^ \"The New York Times Company Announces Plan to Sell Its Broadcast Media Group\" (Press release). The New York Times Company. September 12, 2006. Archived from the original on January 9, 2016. Retrieved July 23, 2008.\n
  26. \n
  27. ^ Story, Louise (January 4, 2007). \"New York Times to Sell 9 Local TV Stations\". The New York Times. Retrieved August 23, 2008.\n
  28. \n
  29. ^ a b \"The New York Times Company Reports April Revenues\" (Press release). The New York Times Company. May 17, 2007. Archived from the original on July 22, 2012. Retrieved August 23, 2008. On May 7, 2007, the Company sold the Broadcast Media Group, consisting of nine network-affiliated television stations, their related Web sites and the digital operating center, for approximately $575 million.\n
  30. \n
  31. ^ Times, The New York (May 7, 2007). \"About.com Buys ConsumerSearch.com\". The New York Times. ISSN 0362-4331. Retrieved September 13, 2019.\n
  32. \n
  33. ^ \"The New York Times Company Enters The 21st Century With A New Technologically Advanced And Environmentally Sensitive Headquarters\" (PDF) (Press release). The New York Times Company. November 19, 2007. Archived from the original (PDF) on August 24, 2008. Retrieved August 23, 2008.\n
  34. \n
  35. ^ Bensinger, Greg (July 14, 2009). \"New York Times to Get $45 Million for Radio Station\". Bloomberg News. Retrieved July 18, 2009.\n
  36. \n
  37. ^ \"New York Times agrees to sell regional news group\". The Boston Globe. December 27, 2011. Retrieved December 30, 2011.\n
  38. \n
  39. ^ Sass, Erik (March 12, 2012). \"'NYT' Pay Wall Could Bring $100M Annually\". Media Daily News. Retrieved March 13, 2012.\n
  40. \n
  41. ^ Christine, Haughney (August 3, 2013). \"New York Times Company Sells Boston Globe\". The New York Times. Retrieved August 4, 2013.\n
  42. \n
  43. ^ \"Red Sox Principal Owner to Buy Boston Globe Newspaper\". The Wall Street Journal. August 3, 2013. Retrieved August 5, 2013.\n
  44. \n
  45. ^ Owens, Simon (March 21, 2018). \"Inside The New York Times's post-acquisition strategy for Wirecutter\". Medium. Retrieved December 20, 2021.\n
  46. \n
  47. ^ \"The New York Times Company acquires Audm, an app that turns longform journalism into audio\". TechCrunch. March 23, 2020. Retrieved April 17, 2020.\n
  48. \n
  49. ^ \"The New York Times Company Acquires Serial Productions and Forms a Strategic Alliance with \"This American Life\"\". www.businesswire.com. July 22, 2020. Retrieved July 23, 2020.\n
  50. \n
  51. ^ \"NYT promotes Kopit Levien to CEO role\". Financial Post. Reuters. July 22, 2020. Retrieved September 9, 2020.\n
  52. \n
  53. ^ Tracy, Marc (February 2, 2022). \"The Times hits its goal of 10 million subscriptions with the addition of The Athletic\". The New York Times. Archived from the original on July 19, 2022.\n
  54. \n
  55. ^ \"The New York Times Company to Acquire The Athletic\". investors.nytco.com. Retrieved January 7, 2022.\n
  56. \n
  57. ^ \"NYT promotes Kopit Levien to CEO role\". The New York Times. New York Times Company. January 31, 2022. Retrieved February 2, 2022.\n
  58. \n
  59. ^ a b Deveau, Scott (August 11, 2022). \"New York Times Is Targeted by Activist Investor Pushing for Subscriber-Only Bundles\". Bloomberg. Archived from the original on August 11, 2022. Retrieved August 11, 2022.\n
  60. \n
  61. ^ \"New York Times Timeline 1941\u20131970\". The New York Times Company. Archived from the original on September 7, 2008. Retrieved September 16, 2008.\n
  62. \n
  63. ^ Kozinn, Allan (October 21, 1992). \"WQXR-AM to Change Its Format, to Popular Music From Classical\". The New York Times. Retrieved September 16, 2008.\n
  64. \n
  65. ^ Blumenthal, Ralph (December 2, 1998). \"WQEW-AM: All Kids, All the Time\". The New York Times. Retrieved September 16, 2008.\n
  66. \n
  67. ^ Family Radio Returns To New York \u2013 RadioInsight Archived February 21, 2015, at the Wayback Machine November 21, 2014\n
  68. \n
  69. ^ Bensinger, Greg (July 14, 2009). \"New York Times to Get $45 Million for Radio Station\". Bloomberg News. Archived from the original on February 16, 2012. Retrieved July 18, 2009.\n
  70. \n
  71. ^ \"Business Units\". The New York Times Company. Archived from the original on August 30, 2008. Retrieved August 29, 2008. The New York Times Company, a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other daily newspapers, WQXR-FM, and more than 50 Web sites, including NYTimes.com, Boston.com, and About.com. The Company's core purpose is to enhance society by creating, collecting, and distributing high-quality news, information, and entertainment.\n
  72. \n
  73. ^ \"FAQs\". The New York Times Company.\n
  74. \n
  75. ^ \"SCHEDULE 13D/A (Amendment No. 11)\". Securities and Exchange Commission. January 1, 2018. Retrieved June 5, 2021.\n
  76. \n
  77. ^ Dash, Eric (January 19, 2009). \"Mexican Billionaire Invests in Times Company\". The New York Times. Retrieved July 1, 2012.\n
  78. \n
  79. ^ a b c d Laya, Patricia; Smith, Gerry (January 14, 2015). \"Billionaire Carlos Slim Doubles Holdings in New York Times\". Bloomberg News. Retrieved June 20, 2015.\n
  80. \n
  81. ^ Saba, Jennifer (October 6, 2011). \"Carlos Slim increases stake in NY Times\". Reuters. Retrieved July 1, 2012.\"\n
  82. \n
  83. ^ \"Carlos Slim becomes top New York Times shareholder\". Reuters. January 14, 2017.\n
  84. \n
  85. ^ \"The New York Times Company Notice of 2016 Annual Meeting and Proxy Statement\" (PDF). The New York Times Company. March 22, 2016. Retrieved October 28, 2016.\n
  86. \n
  87. ^ \"Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, for The New York Times Company (Form 10-K)\". Securities and Exchange Commission. February 24, 2016. Retrieved October 28, 2016., See Item 12, which states, \"The information required by this item is incorporated by reference to the sections titled \"Principal Holders of Common Stock\", \"Security Ownership of Management and Directors\" and \"The 1997 Trust\" of our Proxy Statement for the 2016 Annual Meeting of Stockholders.\n
  88. \n
  89. ^ Stiles, Andrew (May 27, 2016). \"New York Times Is Very Concerned About Billionaire Media Investors\u2014But Not Their Billionaire Investor\". Heatstreet. Dow Jones & Company, Inc. Retrieved May 29, 2016. Slim doubled his stake in the Times to 16.8 percent last year after exercising options tied to a $250 million loan he gave the company that helped it survive the financial downturn in 2009. His current stake in the company is valued at more than $300 million.\n
  90. \n
  91. ^ \"Board of Directors\". NYTCo. Retrieved February 26, 2024.\n
  92. \n
  93. ^ \"The New York Times Company Announces Four Winners of Its First Nonprofit Excellence Awards\" (Press release). The New York Times Company. June 28, 2007. Retrieved December 10, 2008.\n
  94. \n
  95. ^ \"Carnegie Corporation of New York/New York Times I Love My Librarian Award winners announced\" (Press release). American Library Association. December 8, 2008. Archived from the original on February 20, 2011. Retrieved February 3, 2009.\n
  96. \n
  97. ^ Healy, Patrick. \"Times's Outstanding Playwright Award Goes to Kristoffer Diaz\". ArtsBeat. Retrieved February 12, 2017.\n
  98. \n
  99. ^ Joseph, Chris (August 31, 2011). \"Tarell Alvin McCraney Brings His Award-Winning The Brothers Size Home to Miami\". Miami New Times. Retrieved February 12, 2017.\n
  100. \n
  101. ^ \"The New York Times Company \u2013 Dan LeFranc Wins the 2010 New York Times Outstanding Playwright Award For \"Sixty Miles to Silver Lake\"\". investors.nytco.com. Retrieved February 12, 2017.\n
  102. \n
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External links[edit]

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Wikimedia Commons has media related to The New York Times Company.
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  • Official website
  • \n
  • International New York Times
  • \n
  • The New York Times Company records (1836\u20132000) \u2013 The New York Public Library
  • \n
  • New Yimes Times building Archived February 9, 2010, at the Wayback Machine
  • \n
  • Business data for The New York Times Company:
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\n\n\n\n", + "page_last_modified": " Mon, 26 Feb 2024 18:21:50 GMT" + }, + { + "page_name": "What does The New York Times own? - The New York Times", + "page_url": "https://www.nytimes.com/article/what-does-the-new-york-times-own.html", + "page_snippet": "The Times owns the majority of its headquarters building in New York City and a printing plant. Both generate revenue. The building rents office space to outside companies, and the plant sells printing services to other publishers. As a public company, The Times trades under the ticker symbol NYT, ...The Times owns the majority of its headquarters building in New York City and a printing plant. Both generate revenue. The building rents office space to outside companies, and the plant sells printing services to other publishers. As a public company, The Times trades under the ticker symbol NYT, but the business is controlled by the Ochs-Sulzberger family through a trust. New York Times Games, which includes Spelling Bee and Wordle. Each business operates independently and is sold as a separate subscription, or as part of a bundle with the news site and app. (Wordle is free.) The company makes most of its money from these subscriptions and derives significant revenue from advertisers. The paper also produces several podcasts, including \u201cThe Daily,\u201d which sells sponsorships and ads. In addition, the company owns the podcast producer Serial Productions, as well as Audm, a service that creates audio versions of articles for various publishers. In addition, the company owns the podcast producer Serial Productions, as well as Audm, a service that creates audio versions of articles for various publishers. The Times also publishes The New York Times International Edition, The New York Times Magazine, T: The New York Times Style Magazine and The New York Times Book Review. The Times also publishes The New York Times International Edition, The New York Times Magazine, T: The New York Times Style Magazine and The New York Times Book Review. They all operate within the newsroom and are led by the executive editor. The company used to own other newspapers, including The Boston Globe, as well as radio and television stations.", + "page_result": "\n\n \n \n What does The New York Times own? - The New York Times\n \n \n \n\n\n\n\n \n \n \n \n \n \n \n\n \n \n \n \n \n \n \n\n \n \n \n \n \n \n \n\n \n \n \n \n
Reader Center|What does The New York Times own?
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What does The New York Times own?

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The New York Times Company owns The New York Times newspaper, website and app, and several other businesses:

  • Wirecutter, the recommendation service

  • The Athletic, the sports news site

  • New York Times Cooking

  • New York Times Games, which includes Spelling Bee and Wordle.

Each business operates independently and is sold as a separate subscription, or as part of a bundle with the news site and app. (Wordle is free.) The company makes most of its money from these subscriptions and derives significant revenue from advertisers.

The paper also produces several podcasts, including \u201cThe Daily,\u201d which sells sponsorships and ads. In addition, the company owns the podcast producer Serial Productions, as well as Audm, a service that creates audio versions of articles for various publishers.

The Times also publishes The New York Times International Edition, The New York Times Magazine, T: The New York Times Style Magazine and The New York Times Book Review. They all operate within the newsroom and are led by the executive editor.

The company used to own other newspapers, including The Boston Globe, as well as radio and television stations. The Times no longer owns these properties, focusing instead on fewer, digital news brands. The company has made minority investments in other businesses and start-ups, and because The Times has no operational control over these companies, it hasn\u2019t disclosed details of these investments.

The Times owns the majority of its headquarters building in New York City and a printing plant. Both generate revenue. The building rents office space to outside companies, and the plant sells printing services to other publishers.

As a public company, The Times trades under the ticker symbol NYT, but the business is controlled by the Ochs-Sulzberger family through a trust. The publisher, A.G. Sulzberger, is a fifth-generation member of the family.

Additional financial information can be found here.

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NYT

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The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It offers news products and other interest-specific products, and related content and services. It offers newspapers, print, and digital products and investments. The firm also manages The New York Times, NYTimes.com, and mobile applications. The company was founded by Henry Jarvis Raymond and George Jones on September 18, 1851, and is headquartered in New York, NY.

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\n \n Feb 20\n 12:58pm ET\n New York Times (NYSE:NYT) Embraces AI Ad Targeting Amid Fight Over It\n \n \n \n Feb 08\n 6:50am ET\n Analysts Are Neutral on These Communication Services Stocks: New York Times (NYT), Fox (FOXA)\n \n \n \n Feb 08\n 6:30am ET\n Analysts Have Conflicting Sentiments on These Communication Services Companies: New York Times (NYT) and Boston Omaha (BOC)\n \n \n \n Feb 07\n 7:09am ET\n New York Times reports Q4 EPS 70c, consensus 58c\n \n \n \n Jan 23\n 7:30am ET\n New York Times price target raised to $55 from $53 at JPMorgan\n \n \n \n Jan 22\n 1:21pm ET\n Analysts Offer Insights on Communication Services Companies: Genius Sports Limited (GENI), Liberty Global A (LBTYA) and New York Times (NYT)\n \n \n \n Jan 08\n 4:25am ET\n Microsoft (NASDAQ:MSFT), OpenAI: Legal Punches Keep Coming\n \n \n \n Jan 02\n 2:45pm ET\n Farallon Equity discloses 5.8% passive stake in New York Times\n \n \n \n Dec 28\n 6:18am ET\n BofA sees little impact to pace of Microsoft copilot development from NYT suit\n \n \n \n Dec 27\n 7:12pm ET\n Microsoft positioned favorably to navigate infringement suit, says Macquarie\n \n \n \n Dec 27\n 9:24am ET\n New York Times Sues MSFT, OpenAI Over Copyright Infringement\n \n \n \n Dec 27\n 8:46am ET\n New York Times sues OpenAI, Microsoft over copyright infringement\n \n \n \n Dec 27\n 8:28am ET\n New York Times sues OpenAI, Microsoft over copyright infringement, NYT reports\n \n \n \n Dec 18\n 5:59am ET\n New York Times price target raised to $47 from $45 at Morgan Stanley\n \n \n \n Dec 12\n 10:40am ET\n New York Times hires former Quartz CEO Zach Seward, WSJ reports\n \n \n
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Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor\u2019s and S&P are registered trademarks of Standard & Poor\u2019s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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\n \n\n\n", + "page_last_modified": "" + }, + { + "page_name": "NYT | New York Times Co. Cl A Stock Price & News - WSJ", + "page_url": "https://www.wsj.com/market-data/quotes/NYT", + "page_snippet": "View the latest New York Times Co. Cl A (NYT) stock price, news, historical charts, analyst ratings and financial information from WSJ.Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It offers news products and other interest-specific products, and related content and services. It offers newspapers, print, and digital products... 620 8th Avenue New York New York 10018 United States", + "page_result": "\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\n\n\n\n\n\n\n\n\n\n\n \n \n \n \n \n \n NYT | New York Times Co. Cl A Stock Price & News - WSJ\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n if (window.__ace && typeof window.__ace === 'function') {\n const id = '61f2bdf7b00575078c959fee';\n const cb = () => {\n const vendorScript = document.createElement('script');\n vendorScript.src = 'https://d3icekm41k795y.cloudfront.net/rsxvmxxqlm.js';\n vendorScript.setAttribute('id', 'adtoniq');\n vendorScript.async = true;\n vendorScript.addEventListener('load', function () { window.__ace('page', 'setPerfMark', ['adtoniq-loaded']);window.__ace('adtoniq', 'initListener', ['154a3e38-2228-44d6-9db6-c9707f3647ea']); });\n document.body.appendChild(vendorScript);\n }\n __ace('djcmp', 'executeOnCmpReady', [{cb, id }]);\n };\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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New York Times Co. Cl A

NYT (U.S.: NYSE)
  • REAL TIME 1:09 PM EST 02/28/24
  • $43.91USD
  • 0.070.16%
  • Volume227,873
  • Volume227,873
  • 65 Day Avg Vol1,304,717
  • 1 Day Range43.71 - 44.02
  • 52 Week Range35.06 - 49.87(05/31/23 - 01/30/24)
  • Open 43.82
  • Prior Close 43.84(02/27/24)
  • 1 Day
  • NYT 0.16%
  • DJIA -0.26%
  • S&P 500 -0.23%
  • Media/Entertainment 2.39%

NewsNew York Times Co. Cl ANYT

No significant news for NYT in the past two years.
Key Stock Data
P/E Ratio (TTM)
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
Earnings Per Share (TTM)
A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding.
Market Capitalization
Reflects the total market value of a company. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes.
Shares Outstanding
Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.
Public Float
The number of shares in the hands of public investors and available to trade. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.
Dividend Yield
A company's dividend expressed as a percentage of its current stock price.

Key Stock Data

  • P/E Ratio (TTM)
    31.29(02/28/24)
  • EPS (TTM)
    $1.40
  • Market Cap
    $7.16 B
  • Shares Outstanding
    163.32 M
  • Public Float
    159.68 M
  • Yield
    1.18%(02/28/24)
  • Latest Dividend
    $0.129999995(04/18/24)
  • Ex-Dividend Date
    04/01/24
Shares Sold Short
The total number of shares of a security that have been sold short and not yet repurchased.
Change from Last
Percentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.
Percent of Float
Total short positions relative to the number of shares available to trade.

Short Interest (02/15/24)

  • Shares Sold Short
    4.44 M
  • Change from Last
    -7.62%
  • Percent of Float
    2.78%
Money Flow Uptick/Downtick Ratio
Money flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an "uptick" in price and the value of trades made on a "downtick" in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes.

Stock Money Flow

  • N/A

Research & Ratings New York Times Co. Cl A(NYT)

Per-Share Earnings, Actuals and Estimates

NYT will report Q1 earnings on 05/01/2024
Actual Analyst Range Consensus
0.80
0.60
0.40
0.20
Actual0.19
0.17
Actual0.38
0.21
Actual0.37
0.29
Actual0.70
0.61
0.19
0.39
Q12023Q2Q3Q4Q12024Q2
Q1 2024 Estimate Trends
Current:$0.19
1 month ago:$0.25
3 months ago:$0.27
Q2 2024 Estimate Trends
Current:$0.39
1 month ago:$0.40
3 months ago:$0.41

Net Income

0
30M
60M
90M
120M
Jan1Jan1Jan1Jan1Dec2023
Dec 20235-quarter trend
Net Income Growth-
Sales or Revenue676.22 M
Sales or Revenue Growth-
EBITDA+147.78 M
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COMPETITORS (NYT)

CompanyChangeP/E (TTM)
AAPL

Apple Inc.

-1.24%-2.2728.05
GOOG

Alphabet Inc. Cl C

-2.18%-3.0623.64
GOOGL

Alphabet Inc. Cl A

-2.25%-3.1223.42
META

Meta Platforms Inc.

-0.10%-0.5032.73
TRI

Thomson Reuters Corp.

+0.11%+0.2427.34
FDS

FactSet Research Systems Inc.

+0.79%+3.6637.62
MORN

Morningstar Inc.

+0.32%+0.9390.11
NWS

News Corp Cl B

-0.42%-0.1269.24
NWSA

News Corp Cl A

-0.34%-0.0966.42
GCI

Gannett Co. Inc.

-1.63%-0.04-

The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It offers news products and other interest-specific products, and related content and services. It offers newspapers, print, and digital products...

620 8th Avenue
New York New York 10018
United States

  • Employees
    Sector
    Publishing
  • Sales or Revenue
    2.43 B
    Industry
    Media/Entertainment
  • 1Y Sales Change
    -
    Fiscal Year Ends
    January 01
    Download Reports
  • Arthur Gregg Sulzberger
    Chairman
  • Meredith Kopit Levien
    President, Chief Executive Officer & Director
  • William Bardeen
    Chief Financial Officer & Executive Vice President
  • Jason Sobel
    Chief Technology Officer
  • Overview
    \n

    Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright 2019\u00a9 FactSet Research Systems Inc. All rights reserved. Source: FactSet

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    Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Dow Jones

    \n

    Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet, Dow Jones

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    ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Dow Jones

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    Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon

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    \n \n

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