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Wordle, A Fast-Growing Online Game, Is Acquired By New York Times Company
The New York Times Co., which continues to look for opportunities to bolster its offerings beyond the traditional news business, has acquired popular online game Wordle.
The precise value of the deal was not disclosed, but the official announcement ballparked it in the “low-seven-figures.” That puts it at the opposite…
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By Dade Hayes
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1 Comments Comment on Wordle, A Fast-Growing Online Game, Is Acquired By New York Times Company
New York Times Company Appoints Meredith Kopit Levien As CEO
Meredith Kopit Levien, the COO of the New York Times Co. and a key architect of the media company’s surge in digital subscriptions in recent years, has been named CEO.
The company announced Wednesday that Kopit Levien will succeed Mark Thompson on September 8. At 49, she will be the youngest top executive in the…
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By Dade Hayes
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The New York Times “Deadline” Sale Revisited: Happy Fruit Meets A Twitter Mob
Pity the poor promotional gurus at the New York Times Company. Just as they were wrapping themselves around a kinder, gentler digital subscription pitch — keyed to the notion that reading The Times can feed civil conversations among those who disagree — a Twitter mob descended on a headline that wasn't sufficiently…
New York Times Shares Spike After It Reports Q1 Boost In Digital Subs
Wall Street’s expectations game worked in favor of the New York Times Co. today: Shares are up 12.6% in afternoon trading after the publisher surprised investors with a Q1 report that exceeded their top- and bottom-line forecasts, helped by a so-called “Trump bump” pickup in digital-only subscriptions.
The Times had…
Carlos Slim Just Became The New York Times’ Largest Investor
Mexican telecom mogul Carlos Slim Helu now owns more of the New York Times Company than does the Sulzberger family, which has controlled the venerable news provider since 1896. Slim became the dominant investor today after paying $101.1 million to exercise warrants that boosted his ownership of Class A shares by 11.9…
Red Sox Owner Buys Boston Globe From New York Times
Here’s the latest milestone in the story of newspapers’ decline in the digital age. The Times paid $1.1B for the Boston daily n 1993 — the highest price ever for a U.S. newspaper. Today it announced that it has agreed to sell its New England Media Group, which includes the Boston Globe, to Fenway Sports Group for…
New York Times Prepares To Sell The Boston Globe
NEW YORK– The New York Times Company (NYSE: NYT) today announced that it plans to sell its New England Media Group, including The Boston Globe and its related properties, and that it has retained Evercore Partners to advise the Company and manage the sales process.
"Our plan to sell the New England Media Group…
Lawyers’ Letter Raises Questions About When Mark Thompson Learned Of Alleged Jimmy Savile Abuse At The BBC: NYT
Joe Utichi contributes to Deadline’s UK coverage
Just four days into his new job as CEO of The New York Times Company, Mark Thompson is again the subject of an article in its flagship newspaper. A story published today by The New York Times says a new piece of information “raises questions” about assertions Thompson…
UPDATE: NYT Publisher Arthur Sulzberger Jr. Welcomes Former BBC Chief Mark Thompson As New CEO
UPDATE, 10:30 AM: New York Times publisher Arthur Sulzberger, Jr. emailed staff today to welcome former BBC director general Mark Thompson as CEO of The New York Times Company. Thompson joins The Times just two days after his BBC successor resigned from the broadcaster amid ongoing editorial turmoil that has shaken…
UPDATE: BBC’s Interim Director General Emails Staff; Broadcaster Clarifies “Stepping Aside” Of News Chief Helen Boaden
2ND UPDATE 3:20 AM: Following Saturday’s resignation of BBC director general George Entwistle, the BBC Trust appointed Tim Davie, an executive from outside the news chain, to become acting director. A permanent director is to be appointed in the next few weeks, but in the meantime, Davie has written to BBC employees…
New York Times Shares Clobbered After Big Q3 Earnings Miss
It’s a dreary day for the Grey Lady: The New York Times Co stock is down nearly 20% in mid-afternoon trading following an earnings report that showed surprisingly weak ad sales in Q3. The company reported net income of $2.3M, down 85.5% vs the same period last year, on revenues of $449.0M, -0.6%. Revenues were well…
BBC Scandal Turns Spotlight On Incoming New York Times CEO Mark Thompson
The sex abuse/editorial scandal plaguing the BBC is starting to reach across the pond. Mark Thompson, the former head of the BBC and the incoming CEO of The New York Times Company, has reiterated to the newspaper that he was not aware of the BBC’s Newsnight investigation into sexual abuse allegations against late TV…
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