4 posts and columns on Sulzberger

Carlos Slim Still Not Buying the New York Times

in Media on September 8, 2010 at 1:21 pm PT

And Generalissimo Francisco Franco is still dead. But don’t tell that to the investors buying up NYT shares today.

David Geffen Thinks The New York Times Is a Charity Case. So What Does He Want to Do About It?

in Media on May 14, 2009 at 6:10 am PT

A new series of reports argues that billionaire David Geffen doesn’t want to make money by investing in the New York Times–he wants to save it. Fair enough. But how exactly does he plan to do that?
new-york-times-building

Meet the New York Times’s New (Very Expensive) Bank: Carlos Slim

in Media on January 19, 2009 at 7:44 pm PT

It’s a done deal: Billionaire Carlos Slim has given the cash-strapped New York Times $250 million worth of breathing room. At a very high price. Under terms of a deal announced late Monday night, the Mexican telecom magnate has lent the Times $250 million at 14 percent interest–which means the Times will now have to come up with an extra $35 million each year.

Why The Times Cut Its Dividend: Revenues Shrank Again in October

in Media on November 21, 2008 at 4:54 am PT

The New York Times has slashed its dividend by nearly $100 million a year. But that won’t be enough to save the paper with results like these: October’s report card shows that the paper’s core business is continuing to shrink–and that the Internet, where the paper has been investing substantial resources, isn’t coming through, either.