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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: New York Times Company

New York Times Company stories: 30 news summaries

1 - 20 of 30 Stories | 1 2 Next >>

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 Times Co. Takes 
 Globe Off Market 

Boston paper's finances have 'significantly improved'

Oct 14, 09 6:14 PM CDT
(Newser) - The New York Times Company has decided not to sell the Boston Globe after all, its chairman told workers in a late-afternoon email today, saying that the financial picture has “significantly improved” for the 137-year-old newspaper in recent months after various cost-cutting and revenue-boosting moves. Two groups did bid... More »

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American media • New York Times Company • bid • Boston Globe • print journalism • newspaper industry

(Newser) - Executives at Rupert Murdoch's News Corp. have been meeting with rival newspaper publishers about a consortium that would charge for web content. The publishers of the New York Times, Washington Post, and Los Angeles Times are all believed to have met with Jonathan Miller, the News Corp. officer overseeing digital... More »

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Rupert Murdoch • New York Times • Tribune Company • Washington Post • online news • New York Times Company • News Corp • newspaper industry • Jonathan Miller • Hearst

(Newser) - The Boston Globe's biggest union has ended a four-month battle with the New York Times company and voted to accept $10 million in pay and benefit cuts, the Boston Herald reports. Union members—who have been living with a 23% pay cut since rejecting an 8.3% decrease last month—... More »

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newspaper • union • New York Times Company • Boston Globe • newspaper industry • pay cut • Boston Newspaper Guild

analysis

 What's the Globe Really Worth? 

Some say Times Co. should pay to dump it

Jun 15, 09 11:37 AM CDT
(Newser) - With the New York Times Co. said to be looking for a Boston Globe buyer, David Carr polled experts to see what the paper might be worth—a question, he writes in the Times, that reaches beyond the Globe itself as the newspaper industry struggles. Carr got quite a range... More »

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New York Times Company • David Carr • Boston Globe • sale • newspaper industry




 Boston Real-Estate 
 Firm May Buy Globe 

Paper's top union wants stake in broadsheet

Jun 11, 09 12:46 PM CDT
(Newser) - A Boston real-estate and investment firm is considering buying the Globe from the New York Times Company, and the paper’s biggest union wants a piece, too, the Herald reports. Intercontinental Real Estate Corp. says it’s been in talks for weeks to purchase the beleaguered newspaper. More »

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newspaper • Goldman Sachs • union • New York Times Company • Boston Globe • newspaper industry • Boston Newspaper Guild • Intercontinental Real Estate Corp.

(Newser) - The New York Times Company has hired Goldman Sachs to handle a possible sale of the Boston Globe, the Globe reports. Goldman, which has also been trying to help the Times Co. unload its 17.5% stake in the Red Sox, has been telling prospective buyers it would... More »

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media • New York Times • Boston Red Sox • Goldman Sachs • mergers and acquisitions • New York Times Company • Boston Globe • newspaper industry • Boston Newspaper Guild




 Globe Union Rejects Pay Cut 

Struggling newspaper's staff vote against deal to slice pay, benefits despite warnings

Jun 8, 09 11:31 PM CDT
(Newser) - The Boston Globe's biggest union has turned down a contract involving pay and benefit cuts despite threats that doing so may lead to deeper cuts, the New York Times reports. Boston Newspaper Guild members voted 277-265 against the offer from the New York Times Company after 12 hours of voting,... More »

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wages • union • vote • New York Times Company • contract • Boston Globe • Boston Newspaper Guild

 Globe Union to Vote on Pay Cut 

Rejection could spark legal battle

Jun 8, 09 11:11 AM CDT
(Newser) - The Boston Globe’s biggest union votes today on whether to accept a $10 million cut to their wages and benefits, including an 8.4% pay cut, or to mount a legal fight with parent the New York Times Co., the Boston Herald reports. If the contract is rejected, the... More »

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wages • union • New York Times Company • contract • Boston Globe • benefits • Boston Newspaper Guild

(Newser) - Google won’t buy the New York Times, but the companies are discussing novel ways the search giant can help the newspaper stay afloat, the Business Insider reports. Sources say one idea is for Google to split advertising revenue it takes from sites hosting Times content with the paper. Another,... More »

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Google • Internet • search engine • ad revenue • New York Times Company • newspaper industry • Jay-ZTV

Geffen Sought Stake in
NY Times

Media mogul rebuffed after bid for 20%
of company

May 12, 09 3:43 AM CDT
(Newser) - Media mogul and DreamWorks co-founder David Geffen recently offered to buy nearly 20% of the struggling New York Times Company, Fortune reports. Geffen offered market price, currently $194 million, for the shares owned by Harbinger Capital Management. But the hedge fund rejected his offer as too low. He hasn't been... More »

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Google • David Geffen • New York Times • DreamWorks • Eric Schmidt • Arthur Sulzberger Jr. • New York Times Company • Jay-ZTV

 Globe Strikes Deal 
 With Last Holdout Union 

Paper likely to remain in business as employees take major cuts

May 6, 09 6:23 AM CDT
(Newser) - The Boston Globe and its largest union struck a tentative deal early this morning that will likely keep the newspaper's owner, the New York Times Company, from shutting down the title. The union representing more than 600 employees in the editorial and advertising divisions was the last holdout in negotiations... More »

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newspaper • Boston • union • New York Times Company • Boston Globe • newspaper industry • Boston Newspaper Guild

(Newser) - The leaders of the Boston Globe’s biggest union have given themselves substantial raises over the past 3 years, even as the people they represent went without, the Herald reports. Boston Newspaper Guild president Dan Totten—who recently lambasted New York Times Co. execs for giving themselves extra days off... More »

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newspaper • union • New York Times Company • Boston Globe • newspaper industry • newspaper guild • Boston Newspaper Guild • Dan Totten

(Newser) - Amazon will unveil a bigger new version of the Kindle tomorrow, designed to handle textbooks and periodicals, the Wall Street Journal reports. Amazon already has deals in place with several textbook publishers for content, and with various universities, including Princeton, Reed College, and Arizona State, to get the device... More »

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Time Warner • New York Times Company • Kindle • Amazon • ebooks • textbook

 As NY Plays Hardball, 
 Globe Swings in Wind 

Tensions high as last union works toward deal with Times Co.

May 5, 09 7:13 AM CDT
(Newser) - Tensions are high as the last of seven Boston Globe unions tries to hammer out a deal with the New York Times Company, the Washington Post reports. The Boston Newspaper Guild has blasted the Times Co’s “bullying tactics” in negotiations set to resume as soon as today, but... More »

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newspaper • New York Times Company • Boston Globe • newspaper industry • Boston Newspaper Guild

 6 Globe Unions 
 Cut Deal; Largest Remains 

Two more still need to settle differences or Boston paper will shutter

May 4, 09 9:39 AM CDT
(Newser) - Under threat of closure from the New York Times Co., six of the Boston Globe's seven unions have hammered out tentative deals with management, agreeing to millions in concessions, reports the Globe. But the newspaper's largest union, the Boston Newspaper Guild, is taking a break from negotiations following what the... More »

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unions • negotiations • New York Times Company • Boston Globe • Teamsters • pressmen's union • Boston Newspaper Guild

Times Co. Gives Globe 
Weekend to OK $20M Cuts

But accounting error further infuriates staffers

May 2, 09 3:34 PM CDT
(Newser) - The Boston Globe will live to print another edition, now that the New York Times Company has extended its deadline to midnight tomorrow, the Globe reports. Marathon negotiations continued after last night’s deadline, when the Times Co. granted the eleventh-hour reprieve for the paper’s unions to approve $20... More »

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Boston • unions • negotiations • New York Times Company • Boston Globe

Times Co. Won't Go Private, Sulzberger Says

'We unequivocally believe in our future' despite revenue falloff

Apr 23, 09 4:39 PM CDT
(Newser) - The New York Times Company does not intend to take itself or its flagship newspaper private, the Wall Street Journal reports. Chairman Arthur Sulzberger Jr. also told a shareholder meeting today that Carlos Slim, the Mexican billionaire who recently bought a large stake in the company, had no interest in... More »

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New York Times • shareholders • Arthur Sulzberger Jr. • ad revenue • New York Times Company • private companies • newspaper industry

(Newser) - Advertising revenue for the New York Times Company’s news divisions sank 28% in the first quarter of this year, the Wall Street Journal reports. That, and a total revenue falloff of 19%, resulted in a $74.5 million loss for the publisher, compared to a break-even first quarter last... More »

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Boston Red Sox • recession • ad revenue • New York Times Company • Boston Globe • first quarter earnings • newspaper industry

Red Sox Owner Offers to Buy Boston Globe

Tycoon wants NYT Co.'s 17.75% share of team

Apr 17, 09 12:20 PM CDT
(Newser) - The New York Times Company might be able kill two birds with one pitch. Red Sox principle owner John Henry recently told the company that he’d be willing to buy the Times’ 17.75% stake in the team, and that, if he did, the Times Co. could throw in... More »

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newspaper • New York Times • Boston Red Sox • Boston Herald • New York Times Company • Boston Globe

ANALYSIS

'Jewel' Soon Was Tarnished for NY Times Co.: Globe

Globe staffers analyze parent company's treatment of once great paper

Apr 12, 09 1:45 PM CDT
(Newser) - The Boston Globe is delving into the stunning fall of a once-great institution: itself. Keith O'Brien and Robert Weisman trace the decline back to 1993—when the New York Times Co. bought the "jewel of an asset" for a staggering $1.1 billion—to the unimaginable present, as the... More »

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newspaper • New York Times • New York Times Company • Boston Globe • newspaper industry

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