Company Profile For The New York Times Co

The New York Times Company is a diversified media company, including newspapers, Internet businesses, a radio station, investments in paper mills and other investments. The Company is organized in two segments: News Media Group and the About Group. Additionally, the Company owns equity interests in a Canadian newsprint company, a supercalendered paper manufacturing partnership in Maine, and Metro Boston LLC, which publishes a free daily newspaper in the greater Boston area. In February 2008, it acquired a 25% ownership interest in quadrantONE LLC, an online advertising network that sells bundled premium, targeted display advertising onto local newspaper and other Websites. The Websites of the New England and Regional Media Groups participate in this network. In July 2009, the Company's Boston Globe Media announced the launch of a new business division that specializes in the creation and management of events and experiential marketing programs.

BRIEF: For the thirty nine weeks ended 27 September 2009, The New York Times Company's revenues decreased 19% to $1.76B. Net loss from continuing operation applicable to Common decreased 24% to $71M. Revenues reflect a decrease in income from News Media Group and lower revenue from About group segments. Net loss was partially offset by decreased production costs, lower selling, general & administrative cost and a decrease in depreciation & amortization charges.