NY Times to Sell Times Square Building
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The New York Times Co. plans to sell its Manhattan high-rise headquarters to a partnership led by Tishman Speyer Properties, the companies announced Monday.
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The Pantagraph&#39;s parent company, Pulitzer Inc., which also owns the Post-Dispatch in St. Louis and 12 other daily newspapers, may be for sale according to a Friday report by the Reuters news service.
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Like many newspapers, the Times-Union is planning to reduce its stock listings. In an age of immediate stock quotes on the Internet and business news channels on cable TV,  the newspaper listings have become less critical.
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The New York Times Co  will  eliminate 100 newsroom jobs, the company confirmed on Thursday,  as it girds for a weaker economy and an overall decline in  print advertising and circulation revenue.
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The New York Times Co. said on Tuesday that its Internet revenue could grow 30 percent in 2007, and that it is trying to cut costs and is continuing to rebalance its portfolio of properties to deal with a tough media climate.
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The New York Times said on Monday it  will end its paid TimesSelect Web service and will make most of  the contents of its Web site available for free.
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Boston Herald publisher Patrick J. Purcell said he would try to block the agreement by The New York Times Co. , owner of The Boston Globe, to buy a 49 percent stake for $16.5 million in Metro Boston, the free daily tabloid.
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One Beacon Street, one of Boston's earliest prominent office towers, was sold yesterday for about $340 million, the third time in two years a sale had been in the works for the 34-story building.
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SAN FRANCISCO (CBS.MW) -- The New York Times Company said Monday it is planning to sell its headquarters on West 43rd Street to a partnership for $175 million.
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Global media group News Corporation announces plans to sell nine of its Fox-affiliated TV stations in the US.
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New York-based credit card and travel services company American Express  is expected to sell its private banking business within weeks, said a source familiar with the matter.
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The New York Times Co.  on  Monday forecast second-quarter earnings of 41 cents to 43 cents  per share, compared to 42 cents a year ago, citing an improved  but still challenging advertising market.
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The New York Times Company said that it had agreed to buy 49 percent of Metro Boston, a free newspaper aimed primarily at commuters in their 20's and 30's.
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(InfoWorld) - Two years after The New York Times started charging for access to some content on its Web site, the Gray Lady is changing tack and will make the content available for free. "The New York Times will stop charging for access to parts of its Web site, effective at midnight (12 a.m. ET) Tuesday night, reflecting a growing view in the industry that subscription fees cannot outweigh the potential ad revenue from increased traffic on a free site," the newspaper reported in a story on its Web site. Times Select, the name of the service that charged access to opinion pieces and some news stories, was available to print subscribers for free. Times Select had 787,400 subscribers, including 471,200 print subscribers who received access to the service for free. Of the remaining subscribers, 89,200 readers received free access on college campuses and 227,000 paid either $7.95 per month or $49.95 for the service, depending on which subscription option they chose. The New York Times report on the decision to end charges on the Web site, said the service generated about $10 millionÂ in annual revenue. In a statement, the paper said more users were coming to the site through search engines, instead of directly visiting NYTimes.com. Removing the subscription barrier to content available under Times Select will result in a boost in traffic and advertising revenue from that increase will replace the money that once came from subscriptions, it said. In addition to opening up its content to all visitors, The New York Times will also offer free access to its archives dating back to 1987, as well as access to stories published by the paper between 1851 and 1922. The site will still charge for access to stories published between 1923 and 1986. Print subscribers will get free access to the complete archives, the paper said.
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IBM Corp. has put its PC business up for sale, according to a story published on Friday on the Web site of The New York Times.
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The New York Times Co. is considering  subscription fees to the online version of its flagship  newspaper, which now is available for free, but it has no  immediate plans to do so, the company said on Friday.
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NYT moves home   The New York Times' Manhattan employees packed up their storied stone building in Midtown on Saturday and moved the newsroom into a shining new tower just a few blocks away.