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While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter.
The New York Times won four Pulitzer Prizes while The Wall Street Journal received an award for commentary. The award for breaking-news reporting was given to the staff of the Denver Post for its coverage of the movie- theater shooting.
The New York Times Co said on Monday that it was changing the name of the International Herald Tribune (IHT) to the International New York Times, putting an end to a 40-year-old brand that served as the hometown paper for Americans living abroad.
New York Times profit tripled in the fourth quarter thanks to one-time items, including the sale of its share in Indeed.com, but the underlying business continued to erode on sharp advertising declines.
(Reuters) - The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 12 percent.
Arthur Ochs Sulzberger, the fourth publisher of the New York Times, who made history with his decision to publish the Pentagon Papers and revived the "Good Gray Lady" of print journalism with a radical redesign that set a new standard for newspapers in the last quarter of the 20th century, has died.
New York Times new Chief Executive Mark Thompson will receive an annual base salary of $1 million and is eligible for sign-on incentive awards valued at $3 million in company stock and stock options.
The New York Times Co has tapped BBC's Mark Thompson as its next president and chief executive, capping an eight-month search for an executive to lead the company as more people get their news through digital products.
The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.
Senh: They gave lots of numbers, but no specific number on how much they make from digital subscriptions. Sure, they said the number of subscribers went up, but how much are they making from it.