The New York Times Company is a publicly traded for-profit media company established in 1851 (and incorporated 1896). It publishes its flagship newspaper, The Nerw York Times, as well as the International New York Times and their related websites (NYTimes.com and international.nytimes.com). Related business assets include The Times news services division, digital archive distribution, its conference business and other products and services under The Times brand. The company has non-controlling ownership interests in newsprint companies and paper mills.
Overview
Website
Type of Organization
Provider Role(s)
Details
Year established
1851
Still in Operation
Yes
Main Address
The New York Times building
620 Eighth Avenue
New York, NY 10018
United States
Subject Areas
Resource Types
CRL Analysis & Profile
Mission Statement
"All the news that's fit to print."
History
2015 - Expanded its news-gathering presence in Europe and the U.K., increasing the size of its London office to accommodate up to 100 staff.
Financial Information
The Times has faced the same headwinds that other print newspapers have encountered in making revenue from digital advertising and subscriptions replace lost revenue from its print sales and advertising. In July 2015 The Times announced that it had passed the one million digital subscribers mark.
The New York Times Company’s first-quarter, 2016 financial report showed that the company now depends on readers for 57 percent of its overall revenue, and that total company revenue was down about 1.9 percent from the same quarter the previous year. This indicated that the company's shift from reliance upon print ad revenue and print subscriptions and single copy sales to revenue from digital subscribers and digital ads was proceeding slowly.
Governance: Board / Owners / Parent organization
The Times is publicly traded. While the Ochs and Sulzberger families own a minority equity share, they occupy a majority of the seats on the Board of Directors.