Results tagged “The New York Times Co.”

In an interview yesterday with AllThingsDigital's Peter Kafka, New York Times spokeswoman Stacy Green attempted to allay concerns over the impact the NYT's forthcoming paywall on bloggers.  A new study on news and social media from the Project for Excellence in Journalism shows that 80% of blog entries link to one of just four news sources: the BBC, CNN, The Washington Post and The New York Times.  Thus if the NYT's proposed paywall shuts out bloggers, the newspaper stands to lose an enormous portion of its Web traffic.

In downplaying fears over a fundamental shift to a 'closed web', the NYT spokeswoman reiterated an explanation of the 'metered model' underlying the NYT paywall.  In essence, users will be able to read a number of articles free of charge, and only after exceeding their quota will they be prompted to pay for content.  Furthermore, surfers who arrive at a given article from a blog link will not have that session counted against them.

For more on this story visit our sister publication, editorsweblog.org.

The Wall Street Journal began waging an old fashioned newspaper war against The New York Times last month with the launch of its "Greater New York" section, and since then much has been written on the back-and-forth between the two papers.

A Wall Street Journal spokeswoman told Business Insider that there are eight ads total, and The New York Times has even created a video response.

As the Wall Street Journal plans to launch its new 10-page metro edition today, with the admitted purpose of competing directly with The New York Times, analysts everywhere are asking why.  

The Journal's metro launch will cost it US$30 million over the next two years, and the paper is not particularly prized by locals for its New York city coverage.  But this move comes as an obvious extension of what has been an ongoing battle against The Times since Rupert Murdoch's News Corp. bought Dow Jones, the WSJ's parent company, in 2007.

For more on this story visit our sister publication, editorsweblog.org.

Photo: Huffington Post

RMG Networks and The New York Times today announced the launch NYTimes.com Today, a digital network of video screens that will feature top headlines, photos and videos from NYTimes.com. The 850 screens are placed  in cafes and eateries in New York, Boston, Chicago, San Francisco and Los Angeles, reaching six million consumers each month.

As a result of the partnership and extension of The New York Times brand into the medium of video ad networks, the paper will become the sole brand on RMG's Urban Mobile Network. "RMG's strategy is to offer best-in-class video entertainment and information to engage high-value audiences when they are on-the-go. This agreement represents a game-changing offering within both the place-based media sector and the broader ad industry," Garry McGuire, CEO of RMG Networks, said in the press release.

The New York Times Co. has announced its intention to sell its New York City classical music radio station WQXR, Reuters reported Tuesday. The reported two-part sale is for US$45 million and will allow the publisher to reduce its debt load.

The sale will not affect the stations' broadcasts of classical music; however, according to a Times Co. statement on Tuesday, the FM station will change from 96.3 to 105.9.

The original deadline for bids on the Boston Globe has been extended by the paper's parent company The New York Times Co. the Boston Globe reported.

While reports say the deadline has been extended, no new deadline for interested buyers has been confirmed. Spokesmen for the Times Co. and Goldman Sachs, who was hired to manage the sale of the paper, would not comment on the postponment of the dealine.

The Times Co. is selling the Globe after a series of budget and staff cuts in order to make up for debt amassed by the paper.

The Boston Newspaper Guild's president has publicly criticised the management methods of the Boston Globe's parent company, the New York Times Co. The Associated Press reported.

Daniel Totten, the union's president, said the Times' executives made "wretched" decisions while managing the company and failed to require the same concessions for themselves as they demanded from their titles.

Totten did not, hoever, suggest the Guild vote down the proposed contract agreement that would result in an 8.3 percent pay cut and a week of unpaid furlough, the AP reported. The Times Co. has said if the contract is refused, they will implement a 23 percent across-the-board pay cut.

Boston Globe employees have drafted a petition in an atttempt to limit proposed pay cuts to 5 percent, Boston.com reported.

Shares in Gannett Co.rose almost 40 percent on Thursday, Editor & Publisher reported. The increase in faith in the newspaper company, which closed at a US$1.06 increase, could be linked to Ariel Capital Management's 7.7 percent hike in Gannett stakes.

Despite the recent surge, share prices in the company are still down from the previous high of $31.14 compared to the current $3.75. Newspaper stocks have witnessed an overall increase of 246 points, propelled by Wells Fargo's impressive end of the quarter results. The New York Times Co. enjoyed an 11.98 percent increase, closing at $5.42.

The New York Times Co. met with unions from the Boston Globe in order to negotiate a solution regarding the $20 million in proposed savings at the newspaper, Bloomberg reported.

The talks have been given a 30-day deadline by the Times Co., which Boston Newspaper Printing Pressman Union President Martin Callaghan said "is sending the message they've had enough of this place."

The New York Times Company has said it will close The Boston Globe if it can not reach agreements with staff regarding pay cuts and pension concessions, The New York Times reported.

The company is seeking US$20 million in savings at The Globe in the latest round of cost cutting moves at the newspaper. The potential closure was revealed on The Globe's Web site last Friday after the company informed union leaders of the potential closure on the Thursday. Quoting an unnamed source, the Web site  said that without concessions, The Globe would lose $85 million this year.

Web start-up EveryBlock and The New York Times have teamed up to expand political news offerings on EveryBlock's New York site, Journalism.co.uk reported Thursday.

EveryBlock, created by Adrian Holovaty and funded by a grant from the Knight News Challenge, is a data-driven site that maps out news and information by city block. The new section on EveryBlock's New York site will notify users when one of their local officials is mentioned in The New York Times, according to Journalism.co.uk.

The New York Times Co. announced Wednesday that advertising sales plummeted 20.9 percent in November, the biggest drop of the year, due to the global recession, MarketWatch reported.

Online advertising was also weak, down 4 percent during the month.