Ahead of an avalanche, the 'Times' reminds us this new thing is theirs, and it's called a 'Snow Fall'
The Times may have been mostly just a participant in the way digital storytelling is evolving everywhere in the web's third decade, as some have argued. But they seem to be seizing the opportunity that comes with making the biggest splash and being the brand identified with the evolving form of long-form, visually stunning, "responsive-design" digital-content features.(1)
Toward the end of the call, an analyst asked if there were any plans to take the Times Company private. Thompson said "we're not considering" such a move.
'Times' editor Jill Abramson opens up about layoffs, the time she almost quit, and loneliness at the top
They're great people, they're incredibly talented, they're Times people to the core, they do have amazing institutional memory, but in some ways, they were editors of editors. We just had a lot of layers. The newsroom now, you need to have direct reports of all kinds, and that's just an extra layer that we can't afford, and I questioned whether we still needed some of those jobs. It's painful, it's horrible.(2)
He mentioned building up the Times' portfolio of paid digital products and developing its nascent conference business, as well as ramping up mobile and video efforts while growing internationally. (Nothing we haven't already heard.) But that's about it. "I'll have much more to say to you ... on our next earnings call in April," he said.
"We have 800-and-some thousand people who have subscribed to the newspaper for two years or more. They still find it indispensable to their day and to their lives. No one can predict that there will always be a robust appetite for both these things, but for foreseeable future, I think I'm going to be putting out the best news report in journalism that will be both in newspaper form and all kinds of digital forms."(3)
Thompson, who was named C.E.O. eight months after the Times Company ousted his predecessor, Janet Robinson, has recently come under scrutiny as a result of the scandal enveloping his previous fiefdom, the BBC, which he headed from 2004 until earlier this year.
Scotland Yard is currently investigating claims that the late legendary BBC host Jimmy Savile sexually abused as many as 300 women and underage girls in the course of his three decades working for the U.K. broadcast giant.
Arthur Sulzberger Jr. 'satisfied' that incoming 'Times' chief Mark Thompson not stained by BBC scandal
On Thursday morning, Arthur Sulzberger Jr. trumpeted a resounding vote of confidence for Mark Thompson, who will replace him on Nov. 12 as as chief executive of The New York Times Company, a role Sulzberger has filled on an interim basis for nearly the past year.
The fiery 20-month contract battle between unionized New York Times employees and company management appears to be getting hotter every day.
Spearheaded by Times Company chairman Arthur Sulzberger Jr., the goal of the program, which until recently had been called "Invest in the Core," is to extend the reach of the Times brand by increasing investment in four areas—mobile, video, social engagement, and new global markets—with resources made available partially by the sale of other properties.
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The New York Times Company has named Mark Thompson, director-general of the BBC, as its new C.E.O., capping off a more than seven-month search for its new leader.