May 20, 2013
11:31 am
At Columbia Business School Sunday, New York Times Co. President and CEO Mark Thompson spoke to new MBAs about “conventional wisdom and all the apparently excellent advice that flows from it.”
Take my industry. The movies are finished. TV advertising is dead. Exactly what happened to music will happen to TV. Nobody wants news anymore. No one will ever pay for anything on the internet. Not just said, but said widely and widely believed. And – for the most part and within the time horizon which the prophets themselves were suggesting – just plain wrong.
“
Jeff John Roberts, Paid Content
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Andrew Beaujon
Apr. 25, 2013
8:52 am
The New York Times Co. |
The New York Times Co. |
The New York Times
The New York Times Co.
unveiled "a series of strategic initiatives" Thursday morning concurrent with its first-quarter earnings report.
Among the planned initiatives are the next phase in The Times’s digital subscription/paid products strategy; an international expansion under the new unified brand; and a renewed emphasis on both video production and brand extensions.
Among the new products, to be introduced at the end of this year and the start of 2014: a "lower-priced paid product designed to allow access to The Times’s most important and interesting stories" and an "enhanced tier that would offer extras at a higher price point to 'all digital access' and print subscribers."
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Andrew Beaujon
Feb. 25, 2013
12:40 pm
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Andrew Beaujon
Feb. 25, 2013
10:45 am
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Andrew Beaujon
Feb. 21, 2013
9:32 am
The New York Times Co. announced Wednesday afternoon that it would
seek a buyer for its New England Media Group, which includes The Boston Globe and the Worcester Telegram & Gazette.
Globe and T&G employees are only some of the people who'd like to know who might buy the properties. They'll have town hall meetings on Friday with Times Co. vice chairman Michael Golden, Globe Publisher Chris Mayer told staffers in an email Wednesday evening. But the rest of us can only rely on published accounts wondering who might bite on the papers, a process Mayer said he expects "will take several months"...
• Probably
none of the people who tweeted #whenibuytheglobe Wednesday. But some of their business plans are pretty funny.
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Andrew Beaujon
Feb. 20, 2013
3:51 pm
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Andrew Beaujon
Feb. 7, 2013
8:45 am
The New York Times Co. | The New York Times
Advertising revenue was down and circulation revenue was up at the New York Times company in the fourth quarter of 2012. The company announced its fourth-quarter and full-year earnings Thursday. Its digital businesses are adding customers, with 668,000 paid digital subscribers company-wide.
Paid subscribers to The New York Times and the International Herald Tribune digital subscription packages, e-readers and replica editions totaled approximately 640,000 as of the end of the fourth quarter of 2012, an increase of approximately 13 percent since the end of the third quarter of 2012. Paid digital subscribers to BostonGlobe.com and The Boston Globe’s e-readers and replica editions totaled approximately 28,000 as of the end of the fourth quarter of 2012, up approximately 8 percent since the end of the third quarter of 2012.
Advertising revenue was down 3.1 percent over the same period in the previous year. Circulation revenue was up 16 percent.
The trajectory of both revenue streams means, "The past year marked the first time that circulation revenue surpassed advertising revenue," the Times reported. "Circulation revenue grew by 10.4 percent, to $952.9 million, mainly from the growth in digital subscriptions and the rise in print circulation prices. Advertising for the year declined 5.9 percent, to $898.1 million."
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Andrew Beaujon
Feb. 5, 2013
4:26 pm
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Andrew Beaujon
Nov. 16, 2012
7:52 am
The New York Times
Mark Thompson says he
was not aware of the details in a letter he authorized threatening London paper The Sunday Times with "defamation proceedings" over an article it was preparing about BBC program "Newsnight"'s decision to drop an investigation into sex-abuse charges against one of its stars, Jimmy Savile, reports Matthew Purdy.
The letter was prepared in September by a law firm and "included a summary of the alleged abuse, including the allegation that some abuse might have occurred at the BBC," Purdy writes. It "appears to have been the last in a string of opportunities for Mr. Thompson, while director general, to have gotten a fuller picture of Mr. Savile and the 'Newsnight' program," he writes.
Thompson is now the CEO of the New York Times Co. He declined to comment for the Times' article, but a former aide told Purdy, “It’s not clear if he was shown it, but he doesn’t remember reading it."
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Andrew Beaujon
Nov. 15, 2012
1:55 pm
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