New York Times Co. Holdings  | American Journalism Review
 AJR  Features
From AJR,   February/March 2007

New York Times Co. Holdings   

By Rachel Smolkin
     


New York Times Media Group

  • New York Times (daily circulation of 1,086,798 as of September 30)

  • NYTimes.com (13.2 million unique visitors in the U.S. in December)

  • International Herald Tribune (daily circulation of 242,182 in 2005)

  • IHT.com (3.8 million unique visitors worldwide in December)

  • WQXR-FM (based in New York, classical music and Times news)

  • Baseline StudioSystems (online database for information on the film and television industries; purchased August 2006 for $35 million; part of NYTimes.com)

  • New York Times News Services Division

  • Business Development (includes a small publication unit)



    New England Media Group

  • Boston Globe (daily circulation 386,415 as of September 30)

  • Boston.com (3.8 million unique visitors in the U.S. in December)

  • Worcester Telegram & Gazette (daily circulation 88,871)

  • Globe Direct, a direct mail business



    Regional Media Group

  • 14 daily newspapers and their Web sites:
    Gadsden Times (Alabama, circulation 20,523)
    Tuscaloosa News (Alabama, 33,185)
    TimesDaily (Florence, Alabama, 29,679)
    Press Democrat (Santa Rosa, California, 82,683)
    Sarasota Herald-Tribune (Florida, 96,260)
    Star-Banner (Ocala, Florida, 45,321)
    Gainesville Sun (Florida, 44,957)
    Ledger (Lakeland, Florida, 65,756)
    Courier (Houma, Louisiana, 16,765)
    Daily Comet (Thibodaux, Louisiana, 10,634)
    Dispatch (Lexington, North Carolina, 10,742)
    Times-News (Hendersonville, North Carolina, 18,576)
    Star-News (Wilmington, North Carolina, 51,469)
    Herald-Journal (Spartanburg, South Carolina, 45,390)

  • Other community publications, including the weekly North Bay Business Journal, which targets California's Sonoma, Napa and Marin counties, and the Petaluma Argus-Courier, a paid subscription weekly with a circulation of 7,300



    About.com

  • 36 million unique visitors in the U.S. in December; online consumer information provider; purchased March 2005 for about $410 million

  • Calorie-Count.com (online site providing weight-loss tools and nutritional information; purchased in September for $900,000; part of About.com)



    Joint Ventures

  • NESV, 17 percent interest (NESV owns the Boston Red Sox, Fenway Park and about 80 percent of New England Sports Network, a regional cable network)

  • Metro Boston, 49 percent interest (free daily paper aimed at young professionals, acquired interest in March 2005 for $16.5 million)

  • Donohue Malbaie Inc., 49 percent interest (Canadian newsprint company)

  • Madison Paper Industries, 40 percent interest (paper mill in Madison, Maine)



    For Sale & Sold:

  • Nine local television stations (In January, the Times Co. agreed to sell its Broadcast Media Group to Oak Hill Capital Partners for $575 million; the sale is expected to close in the first half of the year.)

  • WQEW-AM (ABC exercised its right to purchase the New York City station at the end of 2006; sale for $40 million expected to close in early 2007.)

  • Sold: Discovery Times Channel (The Times Co. signed a contract to sell its 50 percent ownership interest in the digital cable channel in September, recording a loss of $8 million.)

    Sources: New York Times Co., Audit Bureau of Circulations, Nielsen//NetRatings, Analog

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