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Keyword: pinch

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  • Of Moose and Timesmen

    05/18/2014 8:50:19 AM PDT · by mojito · 6 replies
    PJ Media ^ | 5/17/2014 | Ed Driscoll
    By 2003, it was obvious that the New York Times had gone off the rails, between the firings of Jayson Blair for serial fabulism and Howell Raines for hiring him — not to mention Raines’ obsession with the Augusta National Golf Club, while a slightly larger story was unfolding in America: 9/11, Afghanistan, Iraq, and the dawn of the Global War on Terror. But the clincher was the Moose. You remember the moose, don’t you? "At a 2003 meeting to reassure hundreds of troubled and irate Times staff members that everything was under control, Sulzberger suddenly displayed a stuffed toy...
  • Dear Rachel Held Evans

    04/21/2014 7:13:25 PM PDT · by ReformationFan · 4 replies
    Summers Pinch Blog ^ | 4-21-14 | Summer Pinich
    A couple months ago, I wrote a blog in response to the whirlwind of media attention Miley Cyrus had been receiving. At the time, all kinds of groups were coming out to condemn or condone her sexually explicit behavior both on and off the stage. For me, it was simple: Miley Cyrus, like much of our Western culture, has bought in to a secular humanistic worldview that reduces her worth to that of an animal and so it should not be surprising that she often acts as such. You see, Cyrus “represses the truth” (Rom 1:18) that she is created...
  • Bloomberg Can’t Save New York Times Co. (NYT stock price is in free fall, needs bailout...)

    06/03/2012 6:12:04 AM PDT · by jimbo123 · 19 replies
    InvestorPlace ^ | 6/3/12 | Jonathan Berr
    New York magazine’s recent profile of New York Times Co. (NYSE:NYT) Chairman Arthur Sulzberger does a great job portraying the family drama and economic pressures that led to the ouster of his one-time friend CEO Janet Robinson. Perhaps hoping to end the depressing story on an optimistic note, the article raised the notion that Bloomberg L.P., the private media company founded by New York Mayor Mike Bloomberg, would ride to the rescue of the beleaguered publisher “and save the paper from itself, a kind of best worst-case scenario for the Ochs-Sulzberger family.” -snip- New York Times Co. is adrift. Its...
  • Unions: CEO’s $4.5M stinks (New York Times workers decry their own hypocrisy on CEO buyouts)

    12/17/2011 4:04:01 AM PST · by jimbo123 · 11 replies
    NY Post ^ | 12/17/11 | KEITH J. KELLY
    The head of the printers and mailers unions at the New York Times blasted the $4.5 million “golden parachute” outgoing CEO Janet Robinson will get to consult for the company while workers shoulder cutbacks and wage freezes. “The Times likes to slam CEO excess until they are the ones doing it,” said Arthur Delanni, president of the Allied Printing Trades Council of New York and of the New York Mailers Union Local 6, both of which are within the Communications Workers of America.
  • The Next Shoe Drops At The New York Times: Now Circulation Revenue Is Starting To Decline

    09/22/2010 7:05:17 AM PDT · by jimbo123 · 22 replies · 1+ views
    Business Insider ^ | 9/22/10 | Henry Blodget
    The New York Times Company just issued a disappointing outlook for Q3. None of the news is good, but the worst part is that the company's circulation revenue, which held the ship together through the bust, is starting to break down. Here are the highlights:
  • New York Times Will End Print Edition (Eventually), Publisher Says (50% cut in newsroom staff?)

    09/10/2010 12:17:39 PM PDT · by jimbo123 · 68 replies · 1+ views
    Atlantic ^ | 9/9/10 | Kevin Fallon
    While speaking at a conference in London, chairman and publisher of The New York Times Arthur Sulzberger, Jr. made a major statement about the future of his publication: "We will stop printing The New York Times sometime in the future, date TBD."
  • Sulzberger pinches double the pay (Corporate greed at the NY Times!)

    03/13/2010 7:40:12 AM PST · by jimbo123 · 17 replies · 570+ views
    NY Post ^ | 3/13/10 | KEITH J. KELLY
    Top executives at the beleaguered New York Times Company reaped hefty rewards last year, with Chairman Arthur "Pinch" Sulzberger more than doubling his total compensation to $6 million. CEO Janet Robinson got even more, reaping $6.3 million, a 31.9 percent hike. The pay numbers were disclosed in Securities and Exchange Commission filings yesterday. The increases come against a backdrop of declining ad revenue, layoffs, frozen pension plans, unpaid vacations and a 5 percent pay cut for most of the rank-and-file workers last year. "Our members are really unhappy with what is happening," said Bill O'Meara, president of the Newspaper Guild...
  • Mexican Billionaire Carlos Slim Now Among Biggest NY Times Shareholders (Dinosaur Media DeathWatch™)

    02/12/2010 2:10:58 PM PST · by abb · 33 replies · 764+ views
    Editor & Publisher ^ | February 12, 2010 | Jennifer Saba
    Mexican billionaire Carlos Slim Helu isn't just one of The New York Times Co.'s creditors anymore -- he's now one of their biggest stockholders, according to a Security and Exchange Commission filing Friday. Slim exercised warrants for 15.9 million in Class A shares for a strike price of $6.3572 through his companies Inmobiliaria and GFI, raising his stake in the Times Co. to 16.3% from 6.9% at the time he was approached to loan a substantial sum to the venerable publisher. Slim got the warrants in January 2009 when he lent the Times Co. $250 million. The company said that...
  • U.N. Head: World Faces Era of Crisis 'Like No Other'

    07/07/2009 7:40:47 AM PDT · by Dallas59 · 27 replies · 1,040+ views
    Fox News ^ | 06/7/2009 | Fox News
    DUBLIN — The United Nations is struggling to keep its peacekeeping missions staffed and supplied as the world endures an unprecedented combination of crises, U.N. Secretary-General Ban Ki-moon said Tuesday as he opened a two-day visit to Ireland. "We are living through an era like no other. There are multiple crises: a food crisis, fuel crisis, flu crisis and financial crisis," Ban told an invited audience at the Dublin Castle conference center in between meetings with the president and prime minister of Ireland. "Each is a crisis we have not seen for many years, even generations. But this time they...
  • Dusty Rhodes dies at 82; pinch-hitting hero of 1954 World Series

    06/19/2009 12:27:43 AM PDT · by LibWhacker · 9 replies · 768+ views
    LA Times / AP ^ | 6/19/09 | Kevin Baxter
    Dusty Rhodes, a light-hitting, hard-drinking outfielder who was at his best on baseball's biggest stage, died of cardiopulmonary arrest Wednesday at a Las Vegas hospital. He was 82. Rhodes, whose left-handed swing was tailor-made for the short right-field porch at the New York Giants' home in the Polo Grounds, never batted more than 244 times in seven big-league seasons and had a career average of just .253. But in his only World Series, in 1954, he delivered a game-winning pinch-hit home run in the 10th inning of Game 1, a game-tying pinch-hit single in Game 2 and a two-run pinch...
  • Pinch Sulzberger grovels before his Patron

    05/03/2009 9:11:26 AM PDT · by Scanian · 28 replies · 1,037+ views
    The American Thinker ^ | May 03, 2009 | Ed Lasky
    The New York Times must be getting increasingly desperate. The publisher of the Times, Arthur Sulzberger, writes a paean in Time Magazine to Carlos Slim, the billionaire Mexican monopolist who threw the flailing Times a lifeline via a 250 million dollar loan earlier in the year. This is a man who has set back development in Mexico by his monopoly (or near monopoly) of the telecommunications system in that nation. He has been milking his profits for decades, blocking technological development of competitors by using his influence with politicians. The Times has historically derided this type of crony capitalism, especially...
  • Carlos Slim - By Arthur Sulzberger Jr. (Dinosaur Media DeathWatch™)

    04/30/2009 9:10:09 AM PDT · by abb · 38 replies · 1,291+ views
    TIME ^ | April 30, 2009 | Arthur Sulzberger, Jr.
    I recently had the great pleasure of meeting Carlos Slim. He had decided to invest in the New York Times Co. and thought it would be a good idea to get to know me and my senior colleagues. It was obvious from the moment we met that he was a true Times loyalist. We had an enjoyable conversation about what was happening in this country and everywhere else in the world. Carlos, a very shrewd businessman with an appreciation for great brands, showed a deep understanding of the role that news, information and education play in our interconnected global society....
  • The Inheritance (Pinch Sulzberger prewritten obit - Dinosaur Media DeathWatch™)

    03/30/2009 5:44:28 AM PDT · by abb · 42 replies · 1,214+ views
    Poynter Online ^ | May 2009 | Mark Bowden
    NYT publisher Arthur Sulzberger Jr. "comes off as a lightweight, as someone slightly out of his depth, whose dogged sincerity elicits not admiration so much as pity," writes Mark Bowden. "While no one blames him for what is clearly a crisis afflicting all newspapers, he has made a series of poor business moves that now follow him like the tail of a kite." Friend Peter Osnos says: "Sure, Arthur has made his share of mistakes. But they get recycled all the time, and he rarely gets the credit he deserves for what he's done right."
  • TIMES DODGES BULLET WITH COSTLY HQ SALE (Pinch takes out 11% subprime real estate loan)

    03/10/2009 4:30:28 AM PDT · by jimbo123 · 13 replies · 717+ views
    NY Post ^ | 3/10/09 | HOLLY M. SANDERS
    The New York Times has once again gotten itself some financial breathing room - and once again it's coming at a high price. The cash-strapped newspaper yesterday finally struck a deal with investment firm W.P. Carey & Co. to sell space in its sleek Midtown Manhattan headquarters for $225 million, and lease it back from the buyer. As part of the deal, W.P. Carey is paying a low purchase price and getting a high initial rate of return - known in the industry as the capitalization rate - of nearly 11 percent. Real-estate experts said the Times is paying a...
  • NY Times Chairman: Never Seen Things This Bad

    03/06/2009 6:44:42 AM PST · by jimbo123 · 24 replies · 889+ views
    CNBC ^ | 3/6/09 | Scott Wapner
    Amid one of the worst-ever downturns to hit the newspaper business, Arthur Sulzburger Jr., Chairman of the New York Times Company told CNBC he's never seen things this bad. "I'm not that old, so yes this is the worst I've ever seen", Sulzburger Jr. told CNBC Friday morning outside the paper's Midtown Manhattan headquarter.
  • Murdoch on the prowl for print sales (target: NY Times - Dinosaur Media DeathWatch™)

    02/25/2009 5:19:55 AM PST · by abb · 36 replies · 568+ views
    Variety ^ | February 24, 2009 | Dade Hayes
    Rupert Murdoch's counterintuitive quest to invest in print media helped drive away longtime lieutenant Peter Chernin. And now that Chernin can't intercede, does Murdoch want to follow News Corp.'s $5 billion buyout of Dow Jones by gobbling up the struggling New York Times Co.? The answer appears to be yes, as impossible as present economic conditions make it for most deals of any kind to get done. What's more, incredulous News Corp. insiders say Murdoch's love of print media is so fervent that he's also been talking about a play for the Los Angeles Times, which could make easier prey...
  • New York Times suspends dividend (Dinosaur Media DeathWatch™)

    02/19/2009 2:04:06 PM PST · by abb · 48 replies · 1,265+ views
    Yahoo Biz ^ | February 19, 2009 | Staff
    The New York Times Co. said Thursday its board has decided to suspend the newspaper publisher's quarterly dividend in a move to preserve cash as advertising spending continues to decline amid the recession. The suspension of the payout comes after New York Times slashed its dividend to 6 cents from 23 cents in November. "Today's decision provides the company with additional financial flexibility given the current economic environment and the uncertain business outlook," said Arthur Sulzberger, Jr., chairman, in a statement. "We expect the suspension of the dividend, coupled with our other actions, will help us decrease debt and improve...
  • Caroline Kennedy Romance Affair

    01/23/2009 7:44:34 PM PST · by Steelfish · 22 replies · 1,388+ views
    Caroline Kennedy Romance Affair Caroline Kennedy rumored affair and Arthur Pinch Sulzberger? Caroline Kennedy’s rumored affair was with New York Times publisher Arthur Sulzberger. Arthur Ochs Sulzberger, Jr. (born Sept 22 1951) is the son of Arthur Ochs Sulzberger aka Punch Sulzberger. The son is sometimes called Arthur Pinch Sulzberger as a variation of his father’s nickname. “Obama recently named Caroline Kennedy to his vice presidential search committee - and she’s been telling friends that if he’s elected to the White House, she wants to move to Washington, D.C., and take a role in his Democratic administration,” a friend revealed....
  • (NY) Times Co. Is in Talks to Sell Part of Building (Dinosaur Media DeathWatch™)

    01/23/2009 2:17:32 AM PST · by abb · 41 replies · 507+ views
    The New York Times ^ | January 22, 2009 | Terry Pristin
    The New York Times Company is in advanced negotiations to sell a substantial portion of its 52-story headquarters building on Eighth Avenue in Midtown Manhattan to W. P. Carey & Company, an investment and management firm that specializes in so-called sale-leaseback transactions, the newspaper company confirmed on Thursday. Under the deal, the Times Company would sell the 19 floors it currently uses in the building but not the 6 floors it leases to other tenants. The Times Company would continue to occupy and manage its floors and would have the right to buy back the space at a predetermined price...
  • Mexican Billionaire's NYT Deal Leaving Sulzbergers on Shakier Ground

    01/19/2009 6:47:55 AM PST · by GOPGuide · 30 replies · 1,203+ views
    Gawker ^ | Jan 19 2009 | Hamilton Nolan,
    The New York Times appears to be on the verge of signing a deal with Mexican billionaire Carlos Slim to invest $250 million in the company. If your last name is "Sulzberger," be concerned. News of Slim's possible investment broke over the weekend, and now the Times itself says an announcement could come as soon as tomorrow. Slim, one of the world's richest people, would essentially be loaning the struggling newspaper a quarter of a billion dollars in exchange for convertible shares paying him high annual dividends. But he would have the right to convert that stock into common shares—and...
  • NY Times Co. in Talks With Carlos Slim on Stock Investment (Dinosaur Media DeathWatch™)

    01/18/2009 3:46:08 AM PST · by abb · 47 replies · 1,235+ views
    The Wall Street Journal ^ | January 17, 2009 | Matthew Karnitschnig and Russell Adams
    The New York Times Co. is in discussions with Mexican billionaire Carlos Slim about investing in the newspaper publisher to help ease its financial problems, according to people familiar with the matter. The talks are ongoing and may yet fall apart but one of the options being discussed is a preferred-stock issue. Under this scenario, the Times Co. would issue Mr. Slim preferred stock, which carries no voting right but pays an annual dividend, in return for his investment. The investment would be similar to a loan. Preferred shares are often convertible into common stock after a defined period. snip...
  • The 24/7 Wall St. Chapter 11 Watch (NY Times, McClatchy - Dinosaur Media DeathWatch™)

    01/17/2009 9:19:55 AM PST · by abb · 12 replies · 743+ views
    Marketwatch.com ^ | January 15, 2009 | Staff
    From time to time, the editors at 24/7 Wall St. look at the odds that a number of companies may have to file for Chapter 11 over the course of the next year. The analysis involves looking at SEC filings with a focus on balance sheet, cash flow, and risk factors. Also taken into account are stock price, earnings forecasts, and the ability of a company to raise cash. In the current credit environment, many firms which would not have been on the list at the middle of last year would have to be considered now. We are covering what...
  • Why Does The New York Times Love Hamas? (Do We Really Need to Ask?)

    01/06/2009 9:59:25 AM PST · by mojito · 8 replies · 683+ views
    The Daily Beast ^ | 1/6/2009 | Steve Emerson
    In the past week, the Fourth Estate’s Hamas cheerleaders have stripped away any pretense of being honest or neutral, with the New York Times continuing to take the side of the terrorist group in one of the most shameful journalistic episodes I have ever seen. In following the Times coverage for the past six months and checking external sources of information, one can see a clear pattern of propagandistic reporting favoring Hamas that selectively suppressed or willfully misrepresented information. Even the Times knows it has a bias problem. Readers who detected it got a chilling confirmation of their suspicions in...
  • D.C. lobbyist sues Times over McCain affair story (Dinosaur Media DeathWatch™)

    12/30/2008 1:19:39 PM PST · by abb · 45 replies · 2,197+ views
    Long Island Business News ^ | December 30, 2008 | Paul Fletcher and Alan Cooper
    Washington lobbyist Vicki L. Iseman has filed a $27 million defamation lawsuit against The New York Times for a February article about Iseman and her relationship with Sen. John McCain. The suit, filed in U.S. District Court in Richmond on Tuesday, alleges the article falsely communicated that Iseman and McCain had an illicit “romantic” relationship in 1999 when he was chair of the Senate Commerce Committee and she was a lobbyist representing clients before Congress. The suit also names the executive editor of the Times, its Washington bureau chief and four reporters who wrote the story as defendants. William Keller,...
  • Man in the News: Arthur Sulzberger Jr (Dinosaur Media DeathWatch™)

    12/14/2008 5:00:31 AM PST · by abb · 31 replies · 1,404+ views
    Financial Times ^ | December 12, 2008 | Andrew Edgecliffe-Johnson
    If Arthur Ochs Sulzberger Jr, chairman and publisher of The New York Times, had paused in his Renzo Piano-designed headquarters this week, the art project commissioned for its lobby might have caught his eye. “Why are the Giants struggling?” read the message on one of the screens randomly flashing up lines from the newspaper and its website. “What is to be done?” blinked another in front of an atrium full of birch trees. The giants of US journalism are more than struggling. This week, the Tribune Company filed for bankruptcy, crushed by $13bn (€9.7bn, £8.7bn) of debt from Sam Zell’s...
  • NY Times cuts dividend to 6 cents (revenues fall - Dinosaur Media DeathWatch™)

    11/20/2008 2:00:14 PM PST · by abb · 32 replies · 1,145+ views
    Marketwatch.com ^ | November 20, 2008 | Sue Chang
    The New York Times Co.'s (NYT) board on Thursday declared a quarterly dividend of 6 cents on its Class A and Class B common stock, down from 23 cents in the third quarter. The dividend will be paid on Dec. 15 to shareholders of record on Dec. 1. "We expect that this steep cut in the dividend, coupled with our other actions, will help us decrease debt and improve the liquidity of the company, a prudent measure in this operating environment," said Chairman Arthur Sulzberger in a statement.
  • NYT Co. Takes $166 Million Charge on New England Properties (Dinosaur Media DeathWatch™)

    11/10/2008 1:46:40 PM PST · by abb · 20 replies · 387+ views
    Editor & Publisher ^ | November 10, 2008 | Staff
    The New York Times Co. has increased its estimates for how much The Boston Globe and other New England newspapers it owns have declined in value because of reductions in advertising. The Times took a $166 million accounting charge in the third quarter and said any adjustments to that estimate will come in the current quarter. In releasing preliminary third-quarter results last month, the Times estimated the charge at $100 million to $150 million. With the change and related tax adjustments, the Times had a net loss of $106 million, or 74 cents a share, in the third quarter, compared...
  • NYT Co. cuts retirement benefits for non-union staff (Dinosaur Media DeathWatch™)

    11/07/2008 1:48:19 PM PST · by abb · 29 replies · 1,155+ views
    Poynter online ^ | November 7, 2008 | Jeff Bercovici
    NYT Co. cuts retirement benefits for non-union staff
  • New York Times Co. considers cutting its dividend (Dinosaur Media DeathWatch™)

    10/23/2008 9:54:05 AM PDT · by abb · 25 replies · 515+ views
    Poynter Online ^ | October 23, 20089 | Staff
    The payout will be reviewed "to determine what is most prudent in light of the overall market conditions," says Times Co. CEO Janet Robinson. Investor Richard Dorfman says: "If they make a serious cut to the dividend, which I suspect they will, that will negatively impact the stock price and that will negatively impact cash flow among the Ochs-Sulzberger families" who receive $25.1 million a year in dividends.
  • (New York) Times Q3 earnings slide 64 percent (Dinosaur Media DeathWatch™)

    10/23/2008 8:10:29 AM PDT · by abb · 47 replies · 800+ views
    Boston Business Journal ^ | October 23, 2008 | Staff
    Boston Globe-owner The New York Times Co. said Thursday that profit for the quarter ended Sept. 30 was $10 million compared to $28.1 million for the year-ago quarter. The Times company’s revenue fell 8.9 percent to $687 million, from $754.4 million. Advertising revenue decreased 14.4 percent; circulation revenue increased 1 percent; and other revenue declined 4.2 percent. New England Media Group advertising revenue, at $74 million, was off 19 percent compared to the year-ago quarter. For the first nine months of the year, New England Media Group advertising is off 17 percent compared to the first nine months of 2007....
  • Will The NYT Go The Way Of The Dinosaurs? Sulzberger Responds (Dinosaur Media DeathWatch™)

    10/23/2008 5:20:54 AM PDT · by abb · 17 replies · 653+ views
    PaidContent.org ^ | October 22, 2008 | Matt Kapko
    Will the print version of the New York Times (NYSE: NYT) still be around in 10 years? New York Times Chairman and Publisher Arthur Sulzberger tackled that question following his keynote at the WebbyConnect conference this morning: “The heart of the answer must be that we can’t care. We do care. I care very much, but we must be where people want us to be for their information… Print is going to be here, I believe, for a very long time.” The NYT is more comfortable than ever with experimentation and launching services in beta, he said. “The thought is...
  • 'NY Times' Drops Sports Section Today (Dinosaur Media DeathWatch™)

    10/07/2008 11:56:00 AM PDT · by abb · 65 replies · 1,606+ views
    Editor & Publisher ^ | October 7, 2008 | Greg Mitchell
    To use a sports term: It is a twin killing. For regular New York Times readers in the metro area, Monday was a shocker, although long-planned: The end of the Metro section, now folded ingloriously into the end of the A-section. At least it had a Calvin Trillin gluttony story. Now Tuesday: goodbye Sports. It now comes at the end of Business (causing conflict in who knows how many households). And it's only six pages long, even with baseball playoffs on and football seasons in full swing -- more like the national edition than the local, or a mid-sized daily....
  • NY Times: Ochs-Sulzberger Control In Doubt (Dinosaur Media DeathWatch™)

    10/06/2008 9:27:18 AM PDT · by abb · 25 replies · 1,013+ views
    I Want Media ^ | October 6, 2008 | Staff
    Most of the 27 members of the fifth generation of the Ochs-Sulzberger family -- who are slated to inherit control of the New York Times Co. -- work as artists, musicians, academics, even fashion stylists. "You don't see a line of people in succession to run the joint," says a former Times exec.
  • SLIM CHANCE FOR (NY) TIMES (Dinosaur Media DeathWatch™)

    09/12/2008 5:27:30 AM PDT · by abb · 30 replies · 330+ views
    New York Post ^ | September 12, 2008 | Keith J. Kelley
    IN his annual "State of the Times" address to employees yesterday, New York Times Chairman Arthur "Pinch" Sulzberger painted a rosy picture of the company and its newest investor, Mexican billionaire Carlos Slim - but Wall Street still seems skeptical. Slim, ranked by Forbes as the second-richest person in the world, with a net worth of $60 billion, on Tuesday disclosed that he had purchased 9.1 million Class A shares, which gave him 6.4 percent of the company stock. That makes him the third-largest stockholder who is not a member of the controlling Ochs-Sulzberger family. "He [Sulzberger] said that they...
  • World's 3rd Richest Man and Family Take 6.4% of NY Times (Dinosaur Media DeathWatch™)

    09/10/2008 5:51:48 PM PDT · by abb · 39 replies · 380+ views
    Editor & Publisher ^ | September 10, 2008 | Jennifer Saba
    Move over Warren Buffett. One of the world's richest men has decided to bet on newspapers, too. Mexican billionaire Carlos Slim Helú along with his family disclosed in a Securities and Exchange Commission filing that they now own 9,100,000 Class A shares or 6.4% of the New York Times Co. The New York Times declined to comment. This makes the Slim family one of the company's largest Class A shareholders along with Harbinger Capital Partners. Harbinger owns a 20% stake in the company and two seats on the board held by Scott Galloway, founder and CIO of Firebrand Partners, and...
  • New York Times Co. July revenue falls 10.1 percent (Dinosaur Media, well, you know...)

    08/26/2008 12:05:21 PM PDT · by GOPGuide · 12 replies · 232+ views
    Yahoo ^ | 08/26/08 | AP
    <p>New York Times Co. said Tuesday that its July revenue from continuing operations fell 10.1 percent this year as advertising revenue slipped 16.2 percent. Overall revenue dropped to $235.9 million in July from $262.3 million in July 2007, the publisher said.</p>
  • The Rapid Decline of the New York Times

    07/17/2008 4:16:07 PM PDT · by AJKauf · 35 replies · 176+ views
    Pajamas Media ^ | July 17, 2008 | Thomas Lifson
    Pinch Sulzberger has taken perhaps the most recognizable media brand in the country and run it into the ground. Can the Gray Lady be saved?
  • (Pinch) Sulzberger at the Barricades (Dinosaur Media DeathWatch™)

    07/15/2008 9:05:18 AM PDT · by abb · 34 replies · 295+ views
    Columbia Journalism Review ^ | July 15, 2008 | Douglas McCollam
    Arthur Sulzberger Jr. is racing to transform the embattled New York Times for the digital age. Is he up to the job? Corporate annual meetings are generally drowsy affairs—a pep talk by management, some PowerPoint graphics, a little predetermined voting, all topped off by a parade of cranks to the microphones to excoriate management about their pet causes. April’s annual gathering of shareholders in The New York Times Company certainly featured all of those ingredients, down to the codger who shuffled in late, grabbed the seat next to mine, and promptly dozed off. But beneath the surface routine there was...
  • Times Publisher and His Wife Separate

    05/11/2008 7:24:56 PM PDT · by NJRighty · 20 replies · 157+ views
    THE NEW YORK TIMES ^ | 5/10/08 | By THE NEW YORK TIMES
    <p>Arthur Sulzberger Jr., chairman of The New York Times Company, and his wife, Gail Gregg, have decided to separate, they said in a statement issued Friday.</p>
  • THE WORST OF TIMES (1st ever mass layoff of Journalists at NY Times)

    04/25/2008 5:58:06 AM PDT · by MNJohnnie · 49 replies · 96+ views
    NY Post ^ | 04-25-08 | Keith J. Kelly
    THE New York Times' news room is bracing for a bloodbath in the next 10 days. The word from inside is that approximately 50 unionized journalists have accepted the buyout proposal, and only another 20 non-union editorial employees have gotten on board. That means the ax could fall on as many as 30 editorial people in the company's first-ever mass firing of journalists in its 156-year history.
  • (New York) Times: 'We Expect' Layoffs (Dinosaur Media DeathWatch™)

    04/15/2008 6:09:08 PM PDT · by abb · 36 replies · 77+ views
    New York Observer ^ | April 15, 2008 | John Koblin
    The New York Times announced that it's all but a done deal that the paper will have to layoff staffers in the newsroom. The drop-dead deadline is fast approaching for the staffers in The New York Times newsroom to raise their hand and volunteer for a buyout. An internal memo from the paper's assistant managing editor, Bill Schmidt, just went out and said that "we expect" that the buyout numbers aren't looking good and that for the first time the paper will be forced to cut the newsroom through layoffs. "While layoffs have become all too common across our industry,...
  • Penny-Pincher

    03/03/2008 9:27:00 PM PST · by Trajan88 · 9 replies · 160+ views
    New York Post ^ | 03/03/2008 | Richard Johnson
    The New York Times is always for higher taxes. But publisher Arthur O. Sulzberger Jr. doesn't relish paying Uncle Sam any more than he has to. The Post's Braden Keil reports "Pinch" just sold his duplex Central Park-fronting apartment at 1 W. 64th St. to his wife, Gail Gregg, for the relatively low price of $3.25 million, according to city transfers. When quizzed about the odd transaction, a Times spokeswoman said: "The sale was done for estate-planning purposes." Neighbors in the building include Madonna, who briefly put her like-sized duplex on the market for $6.75 million in 1997.
  • New York Times says to cut 100 newsroom jobs (Dinosaur Media DeathWatch™)

    02/14/2008 11:55:02 AM PST · by abb · 26 replies · 179+ views
    Reuters ^ | February 14, 2008 | Kenneth Li
    NEW YORK (Reuters) - The New York Times Co (NYSE:NYT - News) will eliminate 100 newsroom jobs, the company confirmed on Thursday, as it girds for a weaker economy and an overall decline in print advertising and circulation revenue. The company, which also publishes the Boston Globe and the International Herald Tribune, said it will eliminate these jobs by not filling vacant positions, by offering buyouts and laying off staff, if necessary. The Times's currently employs 1,332 people in its newsroom, a spokeswoman said. New York Times Executive Editor Bill Keller told the newsroom on Thursday morning, according to a...
  • NY Times posts lower profit, revenue falls 7 pct (Dinosaur Media DeathWatch&#8482;)

    01/31/2008 5:55:00 AM PST · by abb · 11 replies · 971+ views
    Reuters ^ | January 31, 2008 | Kenneth Li
    The New York Times Co (NYT.N: Quote, Profile, Research) on Thursday posted a 7 percent decline in revenue, dragged by poor real estate and retail advertising sales. Fourth-quarter net income was $53 million, or 37 cents a share, compared with a loss of $648 million, or $4.50 a share, in the fourth quarter last year when it took a large write-down on its New England group. Revenue fell 7.1 percent to $865.8 million. Excluding the write-down and other items from both periods, profit per share from continuing operations fell to 44 cents, compared with 46 cents a share a year...
  • Cracked Windows at NY Times Tower Under Investigation (Dinosaur Media DeathWatch™)

    01/14/2008 9:24:34 AM PST · by abb · 38 replies · 137+ views
    Engineering News-Record ^ | January 10, 2008 | Jack Buehrer
    The New York City Dept. of Buildings is expected to send inspectors to the recently completed New York Times building on West 40th Street and 8th Avenue Jan. 11 to determine what caused seven of the 52-story structure's windows to crack on Wednesday afternoon. The windows, according to the DOB, were located on the 22nd, 10th and sixth floors of the building. Two of the building's signature ceramic rods on the exterior of the 40th and 38th floors were damaged, as well. "Our engineers believe (Wednesday's) high winds were a contributing factor (to the damage)," said DOB spokeswoman Kate Lindquist....
  • The 'NYT'-Bloomberg Merger: Could It Happen? (Dinosaur Media DeathWatch™)

    01/04/2008 10:36:42 AM PST · by abb · 4 replies · 51+ views
    CondeNast Portfolio ^ | January 4, 2008 | Jeff Bercovici
    http://www.portfolio.com/views/blogs/mixed-media/2008/01/04/the-nyt-bloomberg-merger-could-it-happen
  • No Conservatives, Dammit!! (Bill Kristol and the Times)

    01/03/2008 1:32:07 PM PST · by mojito · 51 replies · 124+ views
    City Journal ^ | 1/2/2007 | Harry Stein
    Here is just a tiny, tiny sample of the reaction on the Huffington Post to the announcement that William Kristol will be writing a weekly column in the New York Times: “William ‘the Bloody’ Kristol is a beady eyed warmonger.” “Worthless suck up Kristol should be cleaning toilets in public restrooms for his GOP ‘friends.’” “I will never, ever, buy another issue of the newspaper, I will never again be a subscriber to your newspaper and I will do my level best to avoid any purchases from any NY Times advertiser.” “If the New York Times is going to hire...
  • The Media Misread the New York Times' (November) Results (Dinosaur Media DeathWatch™)

    12/19/2007 10:34:43 AM PST · by abb · 11 replies · 178+ views
    The Street.com ^ | December 19, 2007 | Marek Fuchs
    The Business Press Maven's head is bent in utter sorrow. Why this time? Well, all the way back on Monday, I was forced to lament the fact that sometimes it was better to just read a company's press release rather than the articles that follow it. As you'll recall, the watermelon-sized merger of Ingersoll Rand (IR) and Trane (TT) was announced just as Sunday night was turning into Monday, and since there were not many sober, experienced business journalists around in the middle of the night, what hit up on the wires for hours on end were regurgitations on the...
  • Pride and Nostalgia Mix in The (NY) Times’s New Home (Dinosaur Media DeathWatch™)

    11/20/2007 7:48:36 AM PST · by abb · 17 replies · 67+ views
    The New York Times ^ | November 20, 2007 | NICOLAI OUROUSSOFF
    snip Their streamlined glass-and-steel forms proclaimed a faith in machine-age efficiency and an open, honest, democratic society. Newspaper journalism, too, is part of that history. Transparency, independence, the free flow of information, moral clarity, objective truth — these notions took hold and flourished in the last century at papers like The Times. To many this idealism reached its pinnacle in the period stretching from the civil rights movement to the Vietnam War to Watergate, when journalists grew accustomed to speaking truth to power, and the public could still accept reporters as impartial observers. snip Maybe this accounts for the tower’s...
  • Rupert Murdoch and the Grey Lady (Dinosaur Media DeathWatch™)

    11/15/2007 7:02:47 AM PST · by abb · 16 replies · 42+ views
    Newsweek ^ | November 14, 2007 | Johnnie L. Roberts
    It's official. Rupert Murdoch, The Wall Street Journal's owner-in-waiting, is going to war against the New York Times and its controlling family, the Sulzbergers. He's repeatedly stated his intention to push the Journal even further into politics, culture and national affairs—editorial territory long dominated by the Old Gray Lady. But Murdoch wasn't always gunning to topple the Times. In fact, he actually envisioned himself as the paper's owner. It's hard to imagine Murdoch, long considered a political conservative, ever owning the Times. Over the years the paper has been Murdoch's foil and foe, criticized regularly by his New York Post...