• Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash

    Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash

    Update: The news has now been confirmed. The $300 million acquisition price includes About.com, ConsumerSearch.com and CalorieCount.com and the deal will close in the next several weeks. Full release below. Both AllThingsD and Reuters have reported a deal in the works, and we have now confirmed with a source very close to the situation that IAC is buying About.com from the New York… Read More

  • Do You Subscribe To NYT On Your Kindle? You Can Now Access NYTimes.com For Free

    There are so many ways to get around the New York Times paywall (or, as someone called it when it debuted, its pay fence) but if you subscribe to the NYT on your Amazon Kindle, you are now “entitled to complete online coverage of breaking news, articles, videos, audio clips, multimedia and blogs on NYTimes.com” free of charge. Amazon had promised this would be coming, so it… Read More

  • NYT's Q1 Earnings: Digital Advertising Grows 4.5%, 100,000+ Paid Digital Subscribers

    The New York Times Company this morning reported Q1 2011 earnings per share of $.04, compared with $.08 in the same period of 2010. Total revenues decreased 3.6 percent to $566.5 million from $587.9 million. The publisher’s operating profit came in at $31.1 million for the quarter, compared with $52.7 million in the same period of 2010. Approximately three weeks after the global launch… Read More

  • In Baffling Move, The Huffington Post Erects Paywall Solely For NYT Employees

    In a move sure to irk at least two or three people who work for The New York Times, The Huffington Post (owned by AOL, our own masters in some degree of command) has put up a paywall that applies only to NYT employees. In a message to affected potential readers of HuffPost content, founder Arianna Huffington explains that NYT employees can henceforth access only one article for free per month. Read More

  • New York Times To License "DNA" Of Its Mobile Apps To Other Publishers

    As one of the world’s leading media publishers, it’s critical for The New York Times Company to stay ahead of the curve in the digital space, or die trying. Hence, its efforts on the desktop with Times Reader 2.0, as well as its mobile website and multi-platform applications. But the company has now come up with an additional way of deriving (sorely needed) revenues from its… Read More

  • The New York Times' Net Income Falls 18% As Advertising Slide Halts

    In the first quarter of the year, The New York Times Company announced upbeat earnings results, reporting a profit and growing digital advertising sales, albeit after significantly scaling down costs last year. Earlier this morning, the media company released earnings for the second quarter, and things aren’t looking terrible for them – but not stellar either. The company’s… Read More

  • NYT Bans The Word Tweet “Outside Of Ornithological Contexts”

    Too funny. According to The Awl, The New York Times standards editor Phil Corbett yesterday reportedly sent out a memo (below) to NYT writers asking them to severely cut down on the use of the word ‘tweet’ outside of “orrnithological contexts”. It appears to be a myth, but a funny one at least. Corbett has been overseeing language issues for the paper’s newsroom… Read More

  • New York Times Reports Q1 Profit, Digital Ad Revenues Now 26% Of Total

    After significantly scaling down costs, The New York Times Company this morning announced upbeat Q1 2010 results, reporting a profit and growing digital advertising sales. NYT’s operating profit grew more than fivefold in the first quarter of 2010, to $83.3 million compared with $16.4 million in the first quarter of 2009. Total revenues were down 3.2% in Q1, to $587.9 million from… Read More

  • The New York Times Launches Free iPad App (For Real Now), Paid App On The Way

    We had some fun yesterday for April Fools day, fake-covering the launch of the New York Times iPad app by replacing some words of an article in the paper published back in 1996 upon the launch of its first Website. Now, the company has introduced its iPad app for real. It’s free and both advertiser-sponsored and advertising-supported, but there’s also a “full, paid app”… Read More

  • The New York Times Announces Paid Content Plans For 2011

    The New York Times Company announced this morning that it will be introducing a paid, metered model for NYTimes.com at the beginning of 2011. The publisher will offer users free access to an unspecified set number of articles per month and then charge users once they exceed that number. The New York Times says this will enable NYTimes.com to create a second revenue stream while still… Read More

  • Sneak Peek At NYT's Latest Online News Reader Prototype

    The New York Times Company is considering the launch of a brand new online news reader that would let people experience the consumption of NYTimes.com content in an entirely new and fairly innovative way. The publisher has reached out to members of its Insight Lab to get some rudimentary feedback on the new reader prototype and to help settle the naming issue. Insight Labs members can test out… Read More