New York Times
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New York Times

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    • Media & Entertainmentmagazinemedianewsnewspaperpublishing
    The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various media worldwide. The Company publishes The New York Times (The Times), a daily and Sunday newspaper in the United States available in print, online, and through other digital platforms; the International New York Times, an international edition of The Times for global audiences; and NYTimes.com and international.nytimes.com. It also transmits articles, graphics, and photographs from The Times and other publications, magazines, and websites; and offers product licensing, book development, and rights and permissions, as well as is involved in online retail store business. In addition, the Company is engaged in conferences business, a platform for its live journalism; and digital archive distribution, which licenses electronic archive databases to resellers of that information in the business, professional, and library markets.
    Revenue(FY, 2017)
    $1.7 B
    Market capitalization(2018-10-15)
    $4.2 B
    Monthly Unique Visitors(FY, 2017)
    136 M
    TypePublic
    HQNew York, US
    Founded1851
    Size (employees)3,790 (est)+3%
    Websitenytimes.com
    New York Times was founded in 1851 and is headquartered in New York, US
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    Key People/Management at New York Times

    Mark Thompson

    Mark Thompson

    President & Chief Executive Officer, the New York Times Company
    A.G. Sulzberger

    A.G. Sulzberger

    Publisher
    Dean Baquet

    Dean Baquet

    Executive Editor the New York Times
    William Bardeen

    William Bardeen

    Senior Vice President, Strategy & Development
    James Bennet

    James Bennet

    Editor, Editorial Page, the New York Times
    Diane Brayton

    Diane Brayton

    Executive Vice President, General Counsel and Secretary
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    New York Times Office Locations

    New York Times has offices in New York, Paris, Hong Kong and London
    New York, US (HQ)
    620 Eighth Avenue
    Paris, FR
    Immeuble le Lavoisier, 4, place des Vosges, 92400 Courbevoie
    Hong Kong, HK
    1706 K. Wah Centre, 191 Java Road, North Point
    London, GB
    1 New Oxford Street
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    New York Times Financials and Metrics

    New York Times Revenue

    Embed Graph
    New York Times's revenue was reported to be $1.68 b in FY, 2017 which is a 7.7% increase from the previous period.
    USD

    Revenue (Q2, 2018)

    		414.6m

    Gross profit (Q2, 2018)

    		258.7m

    Gross profit margin (Q2, 2018), %

    		62.4%

    Net income (Q2, 2018)

    		23.6m

    EBIT (Q2, 2018)

    		40.0m

    Market capitalization (15-Oct-2018)

    		4.2b

    Closing stock price (15-Oct-2018)

    		25.5

    Cash (1-Jul-2018)

    		236.5m

    EV

    		4.2b
    New York Times's current market capitalization is $4.2 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		1.6b1.6b1.6b1.7b

    Revenue growth, %

    		1%(1%)(2%)8%

    Cost of goods sold

    		644.0m617.8m628.1m615.4m

    Gross profit

    		944.5m961.4m927.2m1.1b
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Revenue

    		384.2m382.9m367.4m379.5m372.6m363.5m398.8m407.1m385.6m413.9m414.6m

    Cost of goods sold

    		156.6m152.8m152.0m157.9m152.7m156.6m153.2m149.3m149.9m154.3m155.9m

    Gross profit

    		227.6m230.1m215.4m221.7m219.9m206.9m245.6m257.8m235.7m259.6m258.7m

    Gross profit Margin, %

    		59%60%59%58%59%57%62%63%61%63%62%
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    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		176.6m105.8m100.7m182.9m

    Accounts Receivable

    		212.7m207.2m197.4m184.9m

    Prepaid Expenses

    		25.6m19.4m15.9m22.9m

    Current Assets

    		1.1b862.5m796.2m749.7m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash

    		266.2m155.0m144.6m185.7m400.1m156.9m151.0m204.1m244.7m213.8m236.5m

    Accounts Receivable

    		165.9m154.6m157.6m170.0m150.0m152.6m176.9m149.6m142.3m151.4m137.9m

    Prepaid Expenses

    		26.2m23.5m22.0m21.5m15.2m14.1m16.8m13.5m17.9m23.4m27.0m

    Current Assets

    		94.4m922.7m914.1m846.1m939.1m962.8m767.9m775.4m767.8m740.0m730.0m
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    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		32.3m62.8m23.8m6.8m

    Depreciation and Amortization

    		79.5m61.6m61.7m61.9m

    Accounts Payable

    		(33.9m)(22.8m)(32.3m)10.0m

    Cash From Operating Activities

    		80.5m175.3m94.2m86.7m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    		(14.4m)1.8m11.2m(13.6m)(14.1m)(13.8m)13.1m28.7m64.7m21.9m45.5m

    Depreciation and Amortization

    		14.8m30.7m46.0m15.5m30.6m46.0m16.2m31.3m47.0m15.0m29.1m

    Accounts Payable

    		(98.5m)(87.6m)(76.6m)(94.4m)(78.6m)(45.5m)(35.0m)(20.4m)12.5m(67.1m)(65.4m)

    Cash From Operating Activities

    		11.1m65.7m108.0m(20.7m)31.5m76.1m30.1m99.5m147.9m17.9m77.7m
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    USDY, 2018

    EV/EBIT

    		105.5 x

    EV/CFO

    		54.3 x

    EV/FCF

    		131.3 x

    Debt/Equity

    		0.3 x

    Debt/Assets

    		0.1 x

    Financial Leverage

    		2.1 x
    Show all financial metrics

    New York Times Operating Metrics

    New York Times's Monthly Unique Visitors was reported to be 136 m in FY, 2017.
    FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q2, 2018

    Digital News Subscribers

    		910 k960 k990 k1.04 m1.09 m1.09 m1.16 m1.21 m1.33 m1.61 m1.61 m1.92 m2.03 m2.13 m2.23 m2.90 m

    Net Addition in Digital News Subscribers

    		50 k30 k50 k50 k70 k50 k120 k280 k310 k110 k157 k

    Monthly Unique Visitors (US)

    		31 m62 m85 m97 m

    Monthly Unique Visitors

    		42 m122 m136 m
    Show all operating metrics

    New York Times Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    The SweethomeOctober 24, 2016
    The WirecutterOctober 24, 2016
    Fake LoveAugust 12, 2016
    HelloSocietyMarch 11, 2016
    ucomparehealthcare.comMarch 27, 2007
    BaselineAugust 28, 2006$35 m
    blogrunnerFebruary 06, 2006
    About, IncFebruary 18, 2005
    Dotdash February 17, 2005$410 m
    Abuzz TechnologiesJune 01, 1999
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    New York Times Revenue Breakdown

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    New York Times revenue breakdown by business segment: 33.3% from Advertising, 60.2% from Subscription and 6.5% from Other

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    Competitors

    CNN
    Media & Entertainment - Subsidiary
    Wall Street Journal
    Media & Entertainment - Subsidiary
    Fortune
    Media & Entertainment - Subsidiary
    Washington Post
    Media & Entertainment - Private
    Forbes
    Media & Entertainment - Private
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    New York Times Online and Social Media Presence

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    New York Times News and Updates

    October 18, 2018

    PRESS DIGEST- New York Times business news - Oct 18

    The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
    October 17, 2018

    This startup is the 'Netflix for books,' with unlimited access to a huge library for a monthly fee. Now, it's getting the New York Times, too

    Scribd is the Netflix of the publishing world — offering readers unlimited access to a library of more than 1 million books and audiobooks, magazines, and other documents for a monthly fee of $9. On Wednesday, Scribd announced a brand new service, bundling a Scribd subscription with a subscription…
    October 17, 2018

    The New York Times and Scribd launch joint subscription bundle

    The New York Times Company is partnering with reading subscription service Scribd to offer a subscription bundle, the companies said Wednesday. Subscribers will get unlimited digital access to The New York Times and Scribd's library of books and audiobooks for a fee of $12.99 a month. Normally, a S…
    October 17, 2018

    Scribd and The New York Times Introduce New Dual Subscription

    SAN FRANCISCO, Oct. 17, 2018 /PRNewswire/ -- Scribd, the unlimited reading subscription service that provides access to the best books, audiobooks, newspapers and magazines, has collaborated with The New York Times (NYSE: NYT) to offer a new audience of readers the ultimate subscription...
    October 17, 2018

    PRESS DIGEST- New York Times business news - Oct 17

    The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
    October 17, 2018

    The New York Times is cutting its online price, but there’s a catch

    The $12.99/month package bundles online access to the Times with nearly unlimited ebooks, audiobooks, and other material from Scribd. With 3.8 million subscribers–2.9 million paying just for digital access–The New York Times has been one of the early success stories for paywalls, which partly or com…
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    New York Times Blogs

    October 20, 2018

    Brewers 7, Dodgers 2 | Series is tied, 3-3.: Brewers Come Alive at the Plate, Forcing an N.L.C.S. Game 7 Against the Dodgers

    The Brewers’ Ryan Braun celebrated after scoring in the first inning of Game 6.
    October 20, 2018

    Remains of Dozens of Infants and Fetuses Found at Second Detroit Funeral Home

    Police officers at Perry Funeral Home in Detroit, where the remains of dozens of infants and fetuses were discovered on Friday.
    October 20, 2018

    Trump, Breaking With U.S. Intelligence, Appears to Accept Saudi Explanation of Journalist’s Death

    Asked during a visit on Friday to Luke Air Force Base in Arizona whether he viewed the Saudi explanation as credible, President Trump said, “I do.”
    October 20, 2018

    Harvard’s Admissions Process, Once Secret, Is Unveiled in Federal Court

    A trial examining whether Harvard University discriminates against Asian-American applicants has revealed a number of secrets about its admissions process.
    October 20, 2018

    Saudi Arabia Says Jamal Khashoggi Was Killed in Consulate Fight

    The kingdom’s public prosecutor said Mr. Khashoggi died after an argument and fistfight inside the Saudi Consulate in Istanbul.
    October 20, 2018

    BepiColombo Launches on Long Journey to Mercury

    An Ariane 5 rocket lifts off in French Guiana on Friday, carrying the BepiColombo spacecraft to the planet Mercury.
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    New York Times Company Life and Culture

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