News Byte

New York Times CEO Janet Robinson Steps Down; No Replacement Named

New York Times CEO Janet Robinson is stepping down after a seven-year run. The company says it will conduct a job search for her replacement and that, in the interim, publisher Arthur Sulzberger Jr. will handle her duties as well as his own. The Times will pay Robinson $4.5 million over the next year for “consulting services,” the company disclosed in an SEC filing.

Does It Really Take a Year to Build a Pay Wall?

The paper of record has problems, but it still has plenty of resources. Does the New York Times really need 12 months to figure out an online billing system?

Live-Blogging the "Whither Journalism" Panel With Google, HuffPo, NYT and WSJ

It’s a face-off between new and traditional media at the Web 2.0 Summit. Representing new media, in a discussion over the future of journalism, are Federated Media’s John Battelle; Marissa Mayer, who leads Google’s search services and consumer products like Chrome; and Huffington Post CEO Eric Hippeau. Arthur Sulzberger Jr., publisher of the New York Times, and The Wall Street Journal’s top editor, Robert Thomson, stand in for the old guard.

New York Times Tells the Boston Globe It Doesn’t Have to Sell the Boston Globe

The cash-strapped New York Times, which has put the Boston Globe and its other New England properties up for sale, wants you to know that it’s in no way having a fire sale. Boston Globe employees appeared to have taken that message at face value.
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Why the New York Times Took Carlos Slim Over David Geffen

The New York Times turned down a chance to borrow money from Hollywood mogul David Geffen last winter and went with Mexican billionaire Carlos Slim instead. So says the New Yorker, which also reports that Geffen tried to buy the paper outright in September.
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Amazon Unveils Kindle DX. Big Screen, Big Price: $489.

Want a big screen Kindle? You’re going to have to pay up — or get a subscription to the New York Times, the Boston Globe or the Washington Post.
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Back to the Future: How the New York Times Saw the Web in 1995

New York Times chairman Arthur Sulzberger Jr. may not have figured out how his paper can adapt to the Web age yet. But give him credit: He’s been thinking about the idea for more than a decade.
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New York Times Boss: We Know What’s Wrong With Our Business. But We’re Not Sure What to Do About It.

Good news for everyone who’s been insisting that the New York Times needs a radical overhaul in order to survive the digital era: CEO Arthur Sulzberger Jr. agrees with you. The bad news: It’s 2009, and he doesn’t know what that overhaul should be.
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Media Mogul Steve Rattner Goes to Washington, Where He Won’t Be Car Czar

Steve Rattner, once one of the most prominent bankers in the media business, is going to Washington after all. Except that the Quandrangle Group founder won’t be getting the “Car Czar” job he was originally supposed to take in the Obama administration, since that job never got created. He’ll be an adviser, instead. Meanwhile, President Barack Obama has formally appointed his New Media team.
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New York Times Battens Hatches, Drops Dividend

Last fall, the New York Times tried boosting its cash position by slashing its dividend from 23 cents a share to 6 cents a share. Not good enough: The paper is now doing away with its quarterly payout altogether–at least temporarily.
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