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NYTimes.com to Introduce Metered Plan
New York TimesThe New York Times has announced plans to start charging for content on its website at nytimes.com. Users will be allowed to read an unknown number of articles for free each month. To read more articles users will have to pay a fee. Subscribers to the print version of the Times will get unlimited access to nytimes.com.
Starting in January 2011, a visitor to NYTimes.com will be allowed to view a certain number of articles free each month; to read more, the reader must pay a flat fee for unlimited access. Subscribers to the print newspaper, even those who subscribe only to the Sunday paper, will receive full access to the site without any additional charge.

Executives of The New York Times Company said they wanted to create a system that would have little effect on the millions of occasional visitors to the site, while trying to cash in on the loyalty of more devoted readers. But fundamental features of the plan have not yet been decided, including how much the paper will charge for online subscriptions or how many articles a reader will be allowed to see without paying.
The plan does not come without significant risks. The New York Times has become a world source for news because of the Internet and they risk losing significant traffic if regular users decided not to pay to use the website. If nytimes.com starts losing traffic than the company may have a more difficult time selling advertising.

Posted on January 22, 2010
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New York Times Cutting 100 Newsroom Jobs
New York TimesThe New York Times Media Decoder blog is reporting that the Times is cutting 100 newsroom jobs, about 8% of the total newsroom jobs. The job cuts will happen by the end of the year, which is not far away.
The program mirrors one carried out in the spring of 2008, when the paper erased 100 positions in its newsroom, though other jobs were created, so the net reduction was smaller. That round of cuts included some layoffs of journalists — about 15 to 20, though The Times would not disclose the actual figure — which was the first time in memory that had happened.

The paper has made much deeper reductions in other, non-newsroom departments, where layoffs have occurred several times. But the advertising drop that has pummeled the industry has forced cuts in the news operation as well. The newsroom already has lowered its budgets for freelancers and trimmed other expenses, and employees took a 5 percent pay cut for most of this year.
Media Decoder says the Times is mailing buyout packages to the entire newsroom staff on Thursday and employees have 45 days to decide whether to apply for it. A lot of newspapers and magazines are struggling right now because of the recession and the switch to from print to online news. It reduced advertising dollars from the recession came at a terrible time for the newspaper industry.

Reuters has published a memo about the job cuts from New York Times Executive Editor Bill Kelle here.

Posted on October 19, 2009
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New York Times Sells Front Page Ads
New York Times LogoThe recession is driving publishers to make significant changes. A big change was announced today at the New York Times. They have started selling ads on their front page. They reported on themselves in an article here. They say CBS purchased the first front page ad.
The first such ad, appearing Monday in color, was bought by CBS. The ad, two-and-a-half inches high, lies horizontally across the bottom of the front page, below the news articles and a brief summary of some articles in the paper. In a statement, the paper said such ads would be placed "below the fold" - that is, on the lower half of the page.

In the past, The Times has printed an occasional front-page classified ad - two or three lines of text at the bottom of the page. And a few years ago it began selling display ads - which are much larger and can combine images and text - on the front pages of sections inside the paper.

But The Times did not sell displays on the first page of the first section, a move regarded by traditionalists as a commercial incursion into the most important news space in the paper.

Most major American papers sell front-page display ads, including The Wall Street Journal, USA Today and The Los Angeles Times, but some others, including TheWashington Post, do not.
It's a significant move considering the Times front page had been strictly devoted to containing editorial content only but probably a very necessary move for a newspaper in need of revenues. The ad was on the lower-half of the paper's front page. You can read more articles on the Times decision here, here and here.

Posted on January 5, 2009
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New York Times To Cut 100 Jobs
The New York Times plans to eliminate about 100 newsroom jobs this year. Executive Editor Bill Keller said the publisher plans to offer buyouts but layoffs will occur if needed.
The cuts will be achieved by "by not filling jobs that go vacant, by offering buyouts, and if necessary by layoffs," said the executive editor, Bill Keller. The more people who accept buyouts, he said, "the smaller the prospect of layoffs, but we should brace ourselves for the likelihood that there will be some layoffs."

The Times has 1,332 newsroom employees, the largest number in its history; no other American newspaper has more than about 900. There were scattered buyouts and job eliminations in The Times' newsroom in recent years, but the overall number continued to rise, largely because of the growth of its Internet operations.

Shares in The New York Times Company rose almost 5 percent Thursday after the newsroom staff reductions were reported, closing at $18.84, up 86 cents.

The Times Company has made significant cuts in the newsrooms of some of its other properties, including The Boston Globe, as well as in non-news operations. Company executives say the overall head count is 3.8 percent lower than it was a year ago.
This new follows closely on news that the L.A. Times is also going to be reducing jobs. It also comes shortly after news that the media work force has hit a 15-year low. If cuts like these continue it will shrink even more in 2008.

Posted on February 19, 2008
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Times May End TimesSelect Fees
TimesSelectThe Globe and Mail is reporting that the New York Times Co. will eventually stop charging for TimesSelect, a fee-based section its website at nytimes.com.
The New York Times Co. plans to stop charging Internet users for access to its columnists and Op-Ed pieces on a section of its Web site known as TimesSelect, The New York Post reported on Tuesday.

The Post, citing a source briefed on the matter, said a decision had been made by top Times executives. The timing of when the service would become free depends on technical issues, including revamping the software surrounding that section of the NYTimes.com site, according to the Post report.

A Times spokesman would not comment on the report, but said: "We continue to evaluate the best approach for NYTimes.com."

TimesSelect Web-only subscribers rose to more than 224,500 in June, the last month for which the company had data, from about 220,000 in April. Subscribers to the print edition of The New York Times also have access to the service.
With only about 225,000 subscribers it might be more logical for the New York Times to open this section up to the public. It will both increase traffic and provide more advertising revenues. The Times writers locked behind this fee-based wall are probably eager for more readers.

Posted on August 7, 2007
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Will New York Times Still Have a Print Edition Five Years From Now?
Arthur Sulzberger, owner, chairman and publisher of the New York Times, told Haaretz in an interview that he doesn't know if they will still be printing the Times in five years.
Given the constant erosion of the printed press, do you see the New York Times still being printed in five years?

"I really don't know whether we'll be printing the Times in five years, and you know what? I don't care either," he says.

Sulzberger is focusing on how to best manage the transition from print to Internet.

"The Internet is a wonderful place to be, and we're leading there," he points out.

The Times, in fact, has doubled its online readership to 1.5 million a day to go along with its 1.1 million subscribers for the print edition.

Sulzberger says the New York Times is on a journey that will conclude the day the company decides to stop printing the paper. That will mark the end of the transition. It's a long journey, and there will be bumps on the road, says the man at the driving wheel, but he doesn't see a black void ahead.
It is an outstanding quote to read but it is a transition that has been taking place over the past ten years. The final transition from print to digital news is going to take place when digital readers like the cellular book, flexible plastic displays and electronic paper become mass market devices.

Posted on February 7, 2007
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