Latest in The New York Times Company

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…

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…

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…

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– 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…

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 <a…

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…

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…

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…

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…

Here’s an investment that’s paid off well for the publishing company: In 2005 The Times joined Union Square Ventures and Allen & Co to collectively spend $5M for a minority stake in Indeed, which aggregates Web job listings. Since then the site has taken off, surpassing Monster.com in hits among job seekers. Last year…

UPDATE, 10:06 AM: This may teach The Times to let lawyers make its big announcements. The company’s calling news organizations to clarify that the plan laid out in this morning’s SEC filing is voluntary: Former employees who are fully vested in the pension plan can elect to keep their current payments. That leaves the…