Firing Jill Abramson: What’s Good for the Goose is Not Good for the Gander?

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The New York Times

The New York Times Company, a global media organization, included newspapers, digital businesses, and investments in paper mills. The company was incorporated on August 26, 1896. As of 2014, its various business segments included The Times, the International New York Times, NYTimes.com, international.nytimes.com, and related businesses.

The Times had been in print since 1851 and the company went digital in 1996 with the launch of NYTimes.com. NYT earned its revenue primarily from circulation and advertising. For the year 2013, its revenues were US$1.6 billion (Refer to Exhibit I for key financials of NYT for 2009-2013, and to Exhibit II for the Consolidated Financial Results for NYT for 2011-2013 )

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In 1992, Arthur Ochs Sulzberger, publisher since 1963, stepped down from his post. He was succeeded by his son, Arthur Sulzberger Jr, (Sulzberger). Sulzberger was credited with developing the Times’s internet operations and for monetizing digital content. In addition to NYTimes.com, a premium online offering from the NYT, TimesSelect, was launched in 2005. The following year, the NYT launched mobile.nytimes.com. By 2007, the website had launched many new sections for health, small business, automobiles, etc.

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