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new york times company

October 1, 2012

Arthur Ochs Sulzberger, well known for reshaping and expanding the New York Times Company, died on 29 September aged 86 after a long illness.

Arthur Ochs Sulzberger, well known for reshaping and expanding the New York Times Company, died on 29 September aged 86 after a long illness.

February 3, 2012

The family behind American media group the New York Times Company looks to be reigning in control of the family business, in the wake of declining revenues and profits for fiscal 2011.

The family behind American media group the New York Times Company looks to be reigning in control of the family business, in the wake of declining revenues and profits for fiscal 2011.

The family-controlled company, which is behind the namesake iconic newspaper, saw full-year revenues decline by 2.8% to $2.38 billion (€1.80 billion). Operating profits also took a big hit, falling by around 75% to $56.7 million, the company said in a statement on 2 February.

December 16, 2011

Arthur Sulzberger Jr will take over the day-to-day management of the New York Times Company after chief executive Janet Robinson steps down from the family business on 31 December.

Arthur Sulzberger Jr will take over the day-to-day management of the New York Times Company after chief executive Janet Robinson steps down from the family business on 31 December.

Sulzberger, who is currently chairman of the iconic newspaper group, which is controlled by his family, will serve as interim CEO while the company searches for a replacement for Robinson, said a statement.

August 24, 2011

Mexican billionaire Carlos Slim and his family have increased their stake in the New York Times Company, the iconic newspaper group controlled by the Ochs Sulzberger family. 

Mexican billionaire Carlos Slim and his family have increased their stake in the New York Times Company, the iconic newspaper group controlled by the Ochs Sulzberger family.

The Slim family’s Inmobiliaria Carso investment fund purchased 553,000 Class A shares, according to a regulatory filing, taking its stake from 6.9% to 7.3%.

July 16, 2009

Arthur Sulzberger Jr, chairman of the family-controlled New York Times Company, announced yesterday that it would use funds from a fire sale of assets to reduce its $1 billion debt.

Arthur Sulzberger Jr, chairman of the family-controlled New York Times Company, announced yesterday that it would use funds from a fire sale of assets to reduce its $1 billion debt.
 

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