New York Times Co (NYT.N) reported a higher-than-expected quarterly profit, and said it expected digital revenue from its international business to account for a significant portion of its revenue in five years. The newspaper publisher said earlier this month ... More »
The New York Times Co said it aimed to double its annual digital revenue to $800 million by 2020 with a concentrated effort to win over more readers on smartphones. The company has crossed 1 million digital subscribers and it needed to create the same “must-re... More »
WASHINGTON Japan’s Nikkei media group won U.S. antitrust approval for its $1.3 billion purchase of the Financial Times from Britain’s Pearson PLC, the Federal Trade Commission said on Wednesday. The transaction was on the list of deals that the FTC and Justice... More »
New York Times Co reported lower-than-expected quarterly revenue as its print advertising sales fell for the fourth straight quarter. Shares of the company, which also forecast a decline in its current-quarter ad revenue, fell as much as 6 percent on Thursday.... More »
