New York Times Co., the newspaper publisher controlled by the Ochs-Sulzberger family, reported a lower-than-projected third-quarter loss after print advertising improved, even as online ad sales slumped.
The New York Times Co.’s advertising department is struggling to replace its once-lucrative print ads with digital sales, as Google Inc. and Facebook Inc. gobble up increasingly large chunks of marketers’ budgets.
Former British Broadcasting Corp. Director General Mark Thompson, now chief executive officer of New York Times Co., defended himself in a hearing as U.K. lawmakers criticized his payouts to departing BBC executives.
Former British Broadcasting Corp. Director General Mark Thompson, who now serves as chief executive officer of New York Times Co., will appear before Parliament next week to address criticism that the BBC paid excessive severance to two former managers.
New York Times Co. incoming Chief Executive Officer Mark Thompson is going public to defend his leadership at the British Broadcasting Corp. amid calls for the newspaper company to reevaluate its CEO choice.
New York Times Co. named Mark Thompson as its next chief executive officer after a nine-month search, turning to a leader who steered the British Broadcasting Corp. through belt tightening and job cuts.
New York Times Co. Chief Executive Officer Mark Thompson is taking a cue from subscription services like Netflix Inc. in a bid to transform the publisher into an Internet company that relies less on advertising.
New York Times Co. Executive Editor Jill Abramson, who dispatched a team of reporters to investigate the controversy over Mark Thompson’s leadership of the British Broadcasting Corp., said she remains sanguine about his role as chief executive officer of her company.