New York Times

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New Times Investor Silences Bad Press, Times Says

(Newser) - Carlos Slim has a history of intimidating the press, but not the New York Times, which strives manfully to dish the dirt on Mexico’s richest man today, even though he just lent the paper $250 million. Slim loves making such big investments in media companies, but he hates the...

Times Says Times Will Survive
 Times Says Times Will Survive 

Times Says Times Will Survive

(Newser) - Rumors of the New York Times’ demise are greatly exaggerated, reports... the New York Times. “Despite some published alarms to the contrary, the company has positioned itself to ride out another year of recession, maybe two,” Richard Péréz-Peña writes in a review of his employer’...

It's Time to Endow Newspapers
 It's Time to Endow Newspapers 
OPINION

It's Time to Endow Newspapers

Times begs for its life

(Newser) - Newspapers are dying, and there’s only one way to save them, write Yale's David Swensen and Michael Schmidt in today’s New York Times: Make them nonprofit, endowed institutions, like colleges. The Internet has made the for-profit model systematically unsustainable, and constant attempts to refinance and cut costs are...

Handicapping the Race for Kristol's Times Slot
Handicapping the Race for Kristol's Times Slot
ANALYSIS

Handicapping the Race for Kristol's Times Slot

Ex-Bush speechwriter Frum heads pack that may include Noonan, Limbaugh

(Newser) - At the New York Times op-ed page, William Kristol is out; that leaves a spot open for another conservative to keep David Brooks company, writes Michael Calderone in Politico. Times editor Andy Rosenthal wouldn’t comment, but Calderone has guesses on a replacement:
  1. David Frum: The former Bush speechwriter and
...

Kristol Wraps NY Times Gig
Kristol Wraps
NY Times Gig
OPINION

Kristol Wraps NY Times Gig

He's done, and says dawning Obama era may mean his fellow conservatives are, too

(Newser) - The “conservative era” in US politics is over, and so is William Kristol’s stay at the New York Times. “All good things must come to an end,” the conservative writes in today’s column, his last, calling Jan. 20 the official end of the right’s...

Does Carlos Slim Want to Buy the Times?

As dividends dwindle, Mexican billionaire may move in on paper

(Newser) - Last week Carlos Slim, the world's second-richest man, lent $250 million to the New York Times Company—but why does he want 18% of a tanking media outfit? Advertising Age speculates that the Mexican tycoon is playing a long game: The loan is peanuts to Slim, but it puts him...

Slim Loans NYT Co. $250M
Slim Loans NYT Co. $250M

Slim Loans NYT Co. $250M

Mexican billionaire will own 17% of company, but gets no special voting shares

(Newser) - The New York Times Company announced last night that it had cut a deal with Mexico's Carlos Slim, the world's second-richest man, for a $250 million loan. Slim will receive common shares over six years, at the end of which he will own 17% of the corporation. But he will...

Rent-a-Womb Devotee Now Preggo Herself

Kuczynski angered many with 'elitist' article on her surrogate mom

(Newser) - Alex Kuczynski, the super-rich author of Beauty Junkie, has gotten pregnant, the New York Post reports. The bun pops into the oven at an ironic time—Kucyznski recently drew a hail of jeers for a New York Times Magazine article entitled “Her Body, My Baby,” in which she...

Big Day a Windfall for Newspapers

Huge demand for special editions

(Newser) - Newspapers expect a multi-million-dollar windfall in extra sales to people who want a keepsake of Inauguration Day, and publishers are gearing up to make the most of it, Bloomberg reports. The Washington Post is  jacking up its price to $2, and the New York Times, USA Today and other publications...

NYT Courts Investment From Mexican Billionaire

Telecom magnate may get preferred stock in arrangement for battered newspaper

(Newser) - The New York Times is in talks with Mexican telecom billionaire and current shareholder Carlos Slim about making a significant investment in the beleaguered newspaper, reports the Wall Street Journal. One possibility under discussion is a preferred-stock arrangement, which would be similar to a loan. Slim's investment would earn him...

Obama Dines With Conservative Kings

Dinner with vocal conservative critics

(Newser) - Barack Obama broke bread with America's most influential conservative opinion shapers last night. The Washington Post reports he was guest of honor at a dinner party given by columnist George Will, along with Bill Kristol, David Brooks, and Charles Krauthammer. Rumors were buzzing that Rush Limbaugh would attend, but a...

At Times, Web Geeks Grab at Future, Keep Grip on Past

Team aims to keep it the organization 'of record' even as print product sees its obits

(Newser) - There’s a quiet revolution going on at the New York Times, hiding behind all the print-journalism doom and gloom, New York reports. Since 2007, a team of “developers-slash-journalists” has been collaborating with reporters and editors to create interactive web features—like the trippy Election Day Word Train, which...

Bono's Debut Column: An Ode to Sinatra

(Newser) - Bono waxes eloquent about Frank Sinatra and the life lessons he learned from the Chairman in his debut column today for the New York Times. Among other things, he contrasts an early boastful recording of "My Way" with one Sinatra made late in life that is filled with remorse....

Print Times Not Quite Dead, But Hope Lies in Its Ashes

Journalism faces a challenge, but hardly a disaster

(Newser) - We know it’s coming, that day when print newspapers cease to exist, but it won’t be this year, right? Maybe, maybe not, Michael Hirschorn writes in the Atlantic, and it wouldn’t necessarily be a disaster. The New York Times is in trouble—it could default on $400...

Lobbyist Sues NYT Over McCain Affair Allegations

Vicki Iseman seeks $27M for defamation

(Newser) - Washingon lobbyist Vicki Iseman filed a $27 million defamation lawsuit today against the New York Times for running an article that she says falsely implied an affair with John McCain, the Virginia Lawyers Weekly reports. The February article said McCain aides worried in 1999 that their relationship had become romantic....

NYT Ready to Sell BoSox Stake
 NYT Ready to Sell BoSox Stake 

NYT Ready to Sell BoSox Stake

As newspapers tank, company offloads non-core assets

(Newser) - With revenues plummeting and advertisers and readers fleeing, the cash-starved New York Times Co is looking to offload a once-sacrosanct asset—its 17.5% stake in the Boston Red Sox and Fenway Park, the Wall Street Journal reports. Revenues at the Times Co arm that includes the Grey Lady and...

Caroline-Besotted Times Yanks Palin Comparison
Caroline-Besotted Times
Yanks Palin Comparison
ANALYSIS

Caroline-Besotted Times Yanks Palin Comparison

Watered-down coverage of Senate hopeful's media shielding raises eyebrows

(Newser) - The New York Times watered down its own story about press-shy Caroline Kennedy's awkward Upstate New York visit last week, Gawker reports. The first version posted online noted the similarity to Sarah Palin, as her aides whisked her away from reporters questioning her experience. But the provocative Palin reference vanished...

Times to Mayor of Paris: Whoops!
Times to
Mayor of Paris: Whoops!

Times to Mayor of Paris: Whoops!

Fake letter blasting Kennedy draws quick apology, explanation

(Newser) - The New York Times has apologized to the mayor of Paris for publishing a letter purportedly from him that was actually a hoax. The paper didn't confirm the origins of the letter, which described Caroline Kennedy's bid for Hillary Clinton's Senate seat as "both surprising and appalling," and...

Times Bars Note on Caroline's Rumored Affair With Publisher

'We don't report that stuff,' sniffs Gray Lady

(Newser) - The New York Times will report almost anything newsworthy—except a rumored affair between its publisher and Caroline Kennedy, Gawker reports. When a reader commented on the paper’s City Room blog wondering if the Times would address the gossip surrounding the two, the comment was deleted with the explanation...

White House Slams NYT Story as 'Gross Negligence'

Perino: Shoddy 'reporting' behind housing crisis story

(Newser) - The White House accused the New York Times of “gross negligence” today in response to a page one story that largely places the housing and financial messes at the feet of Bush policies, Politico reports. “The Times’ ‘reporting’ in this story amounted to finding selected quotes to...

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