Entries tagged "The New York Times Co."
Ratings agency Moody's Investors Service forecast a darkened outlook for two newspaper bellwethers, the New York Times Co. and McClatchy.
The New York Times relegates the possible closure of its sister paper The Boston Globe to the back pages, while the Globe and the rest of media highlight the paper's struggle.
The New York Times Co. is desperately searching for money and could find some by planning to borrow as much as $225 million against its new Manhattan headquarters (pictured). The media company, which owns 58% of its building, has hired Cushman & Wakefield to find financing either through a mortgage or a sale-leaseback agreement. ...