The New York Times Company, under pressure from investors because of its stagnant stock performance, announced Thursday that it would raise its quarterly dividend by 31 percent. [The New York Times Wall Street Journal Gawker] All the young graduates at top journalism schools have stars in their eyes when they think about working for New
The New York Times Company is a leading media company that publishes popular newspapers The New York Times, The International Herald Tribune, The Boston Globe and 15 other daily newspapers. The Company also owns nine network-affiliated television stations and two New York radio stations. NYT owns approximately 35 Web sites, including NYTimes.com, Boston.com and About.com.
Big chunks of the revenues of newspapers traditionally came from the verticals (Jobs, Classifieds, Personals, Real Estate, Cars, Travel, Events, Reviews). With the popularity of the online services ascending, and with huge investments made in each of those categories, the newspaper industry has been suffering, as ad dollars systematically flow out of print, and onto
There has been a lot of coverage on the dwindling fortunes of old media, especially the newspaper industry. Some of mine are Media Shuffles and Newspapers, Wake Up!. But. I am one of those people who believe that quality content will still need business models supporting it, and new media’s heavy reliance on FREE user-generated
There’s a significant amount of speculation that the New York Times will soon be taken private via an LBO deal. PaidContent reports that this is idle chatter. There is also speculation that NYT may shed Boston Globe, which CEO Janet Robinson seems to refute in the Paid Content article. It makes me wonder, however, about