New York Times Co. Announces Newsroomwide Strategy Review
NYT
Buoyed by strong digital growth and cost savings, The New York Times Company reported on Thursday an increase in quarterly profit but said revenue
was flat as its print business continued to decline.
“We
need to develop a strategic plan for what The New York Times should be,
and determine how to apply our timeless values to a new age,” Mr.
Baquet wrote.
“Although
our digital revenue is growing strongly, we continue to feel the impact
of declines in parts of our print business,” he added. “That means the
company must continue to carefully manage its costs.”
February 4, 2016“We are off to a strong start in 2016. Digital advertising, subscriptions, digital services, commercial printing and other revenue accounted for more than half of our total revenue in the quarter. All of these categories are growing, and we see opportunity for future expansion,” Mary Junck, chairman and chief executive officer said.
Their backgrounds are in other industries, from retail to real estate
January 21, 2016
By the editors of Media LifeThis article is part of a Media Life series “Reinventing the American Newspaper.”
Stan Kroenke Buys Massive Texas Ranch Listed For $725 Million, Likely Most Expensive Ranch Sale Ever
FORBES
Feb 9, 2016
Billionaire Stan Kroenke, owner of what are now the NFL’s Los Angeles Rams, has purchased a massive Texas ranch that had a $725 million price tag. The exact purchase price was not disclosed, but if it came anywhere near the asking price the ranch would become the priciest ever to sell in the U.S.
The 510,000-acre W.T. Waggoner Ranch spans nearly 800 square miles and is believed to be the largest ranch behind a single fence in the U.S., said Joel Leadbetter of Hall and Hall, who represented Kroenke in the deal. Waggoner Ranch includes 30,000 acres of farmland, several creeks, more than 1,000 productive oil wells, hundreds of horses and thousands of cattle. The ranch received the prestigious American Quarter Horse Association Best Remuda award in 1994 for its high-quality herd of quarter horses. “It’s been in the same family of ownership for 167 years, which is basically unheard of for ranches,” Leadbetter said.
Traveling Through Venezuela, a Country Teetering on the Brink
NYT
Our reporter explores the country and its people in his
first 30 days in the region on assignment for The Times.
first 30 days in the region on assignment for The Times.
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