Carlos Slim ups stake in NY Times to 8.1 percent
Carlos Slim, the Mexican magnate believed to be the world's richest individual, has increased his stake in the The New York Times Co. to 8.1 percent, regulatory filings showed Thursday.
View ArticleNew York Times adds 43,000 digital subscribers
The New York Times added more than 40,000 digital subscribers in the third quarter but advertising revenue continued to slide.
View ArticleCanada's Globe and Mail to erect online paywall
Canada's Globe and Mail newspaper has announced plans for an online paywall to generate extra revenue and has also asked staff to take unpaid leave amid an ongoing slide in advertising income.
View ArticleBoston Globe cuts jobs in newsroom, elsewhere
The Boston Globe has offered buyouts to 43 employees, including 20 in the newsroom, in the face of "challenging times for our industry."
View ArticleWrite-off contributes to NY Times losses
The New York Times Co. posted a loss of $88.1 million in the previous quarter on Thursday, as a write-off in the value of website About.com wiped out gains from increased online subscriptions.
View ArticleAsk beats Answers with $300M bid for About.com
(AP)—The New York Times Co. is selling its troubled online information service, About.com, to the parent company of Ask.com for $300 million in cash.
View ArticleNYTimes leads group defense in mobile patent suit
The New York Times Co. is girding for a legal battle that many larger organizations have avoided. The Times is leading the defense of a diverse group of companies that use technology they assumed was...
View ArticleNY Times sells stake in jobs website for $100 mn
The New York Times Co. said Tuesday it would sell its stake in the jobs-listing website Indeed.com, and record a gain of $100 million.
View ArticleNY Times to launch Portuguese-language website for Brazil
The New York Times will launch a Portuguese-language website next year as part of plans to expand its global reach into Brazil, its publisher said here Monday.
View ArticleGlobe and Mail starts charging for online news
Canada's national daily, The Globe and Mail, on Monday began charging readers a Can$20 monthly subscription to access news on its website.
View ArticleFor sale: big, bold US dailies at knockdown prices
Some of America's largest and most storied metropolitan newspapers are up for sale, in a sign of the turmoil facing an industry struggling to find a business model in the digital age.
View ArticleRed Sox owner enters $70M deal for Boston Globe
The New York Times Co. says it has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox for $70 million, a massive drop from the record $1.1 billion it paid for it.
View ArticlePandora names ex-aQuantive head McAndrews as CEO (Update)
Setting its sights on accelerating growth in advertising revenue, Internet radio giant Pandora on Wednesday named the former head of digital advertising company aQuantive, Brian McAndrews, as its new...
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