Tag Archives: The New York Times
The New York Times Launches Tumblr Blog With Old Photos
The New York Times has launched a new Tumblr blog that is dedicated to old photos. The Tumblr blog is called The Lively Morgue and it launched this past Monday. The photos are in black and white. The blog is called The Lively Morgue because the images are being grabbed from the physical photo “morgue” where millions of pictures are stored in filing cabinets and manila folders.
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New York Times Accidentally Sends Subscriber E-Mail To 8.6 Million People
“We regret that the error was made, but no one’s security has been compromised,” stated New York Times spokeswoman Eileen Murphy. The e-mail that was sent out around 1:15PM said “Important information regarding your subscription” as the subject line. The company offered a special home delivery rate for subscribers that recently cancelled.
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The NY Times Traffic Declines 24.4% Between March and April After Adding Paywall
After adding a paywall in March, website traffic at The New York Times Company (NYSE:NYT) has dropped 24.4%. According to a spokeswoman at The New York Times, the numbers are better than their own internal predictions. Despite the drop in numbers, The New York Times was able to retain their unique user, pageview, and engagement rankings. “Our framework suggests that even if The New York Times loses 20% of its web traffic, it will need to add about 107k subscribers to break even,” stated Citi analyst Leo Kulp in a note to investors today. [AdAge]
NYT Kindle Subscribers Will Not Have To Pay Extra For Access To Website
Amazon.com, Inc. (NASDAQ:AMZN) has announced that The New York Times Company (NYSE:NYT) subscribers on the Kindle will be able to read news articles for no additional charge free. The New York Times recently said that they are limiting the number of articles to 20 per month before the user is required to pay. The Kindle subscription cost for the NYT is $19.99 per month. [TechCrunch]
New York Times Announces New Digital Subscription Plans
The New York Times Company (NYSE:NYT) is in the top 100 of the most visited websites on the Internet. In an effort to capitalize on that, The NYT announced a new digital subscription plan (also known as a paywall). Starting March 28th, the New York Times will charge $15 per month for those who want to read more than 20 articles per month.
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Categories The New York Times, The New York Times Company
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Freakonomics Spinning Off From The New York Times To Launch Multimedia Venture
Freakonomics had been acquired and rolled in to The New York Times in 2007. Now the rogue economics blog founded by Steven Levitt and Stephen J. Dubner is spinning off from The New York Times again to launch a Freakonomics-branded multimedia venture starting next month. Below is an e-mail that Dubner sent out:
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Jena Friedman Parodies NYT “Vows” [VIDEO]
The New York Times has a series of videos called “Vows” about how couples met. Jena Friedman decided to make a parody video of “Vows” featuring a creepy guy by the name of Ted and a naive girl named Gracie. Check out the video below.
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Categories Jena Friedman, The New York Times
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Incubator Firm Betaworks Raises $20 Million In Second Round of Funding
Betaworks is an incubator firm that is based in New York. The incubator firm has raised $20 million in a second round of funding. Betaworks primarily invests in web startup companies. The firm was started by AOL veterans John Borthwick and Andrew Weisman. So far Betaworks has made investments in about 24 companies including Bit.ly, TweetDeck, Twitterfeed, and Chartbeat. The investment was led by Intel Capital. RRE Ventures, Softbank, Founders Collective, AOL Ventures, DFJ Growth, and The New York Times also participated. The last round of funding was $8 million. [GigaOm]
Twitter Drives 10% Of The New York Times Website Traffic
Martin Nisenholtz, the SVP of Digital Operations at The New York Times Company was speaking at the OMMA Global conference in New York City. Nisenholtz revealed that Twitter drives 10% of The New York Times’ traffic. The New York Times Twitter account has 1.8 million followers thus far and the number is growing at a rapid pace. This is “up from 0 a year ago,” according to Nisenholtz.
The interesting part about the traffic that The New York Times is getting from Twitter is that the micro-blogging company is not getting any money out of it. Twitter doesn’t have a revenue model as of right now. But given how much major news agencies are relying on the micro-blogging service, the company could eventually take advantage of their situation. Dave Morgan of Simul Media revealed the quote from Nisenholtz as shown in the above screen shot.
Why The New York Times Refused Geffen’s Investment
The New York Times needed an infusion of cash recently as their stock price has not been doing so great. Harbinger Capital, a company that owns about 19% of NYT stock wanted to unload it to Hollywood exec David Geffen and Google.
Last winter the New York Times decided to get more money out of Mexican telecom billionaire Carlos Slim instead of David Geffen, $250 million to be exact. They did this for a reason. Geffen even offered the same terms for the loan.
The New York Times Chairman told Geffen that the company would rather work with Slim because he already owns a major amount of shares in the company and that “he was reportedly also worried about Geffen’s ambition to take over the company.” Geffen made an offer to completely buy out The New York Times this past September.
Arthur Sulzberger Jr. and his family are the major shareholders in The New York Times. His family has controlled the newspaper since 1896 and the company was founded in 1851. Their family said that they were not interested in selling the company outright, but this is the same sentiments that the Bancroft family had with The Wall Street Journal and the Dow Jones. Both Dow and The WSJ are now owned by News Corp.
[via AllThingsD]