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A geographic coordinate system is a coordinate system that enables every location on Earth to be specified by a set of numbers, letters or symbols. The coordinates are often chosen such that one of the numbers represents a vertical position and two or three of the numbers represent a horizontal position; alternatively, a geographic position may be expressed in a combined three-dimensional Cartesian vector. A common choice of coordinates is latitude, longitude and elevation. To specify a location on a plane requires a map projection.
|Founded||September 18, 1851|
|Founders|| Henry Jarvis Raymond |
| Arthur Ochs Sulzberger Jr. |
( President and CEO)
|Products|| The New York Times |
International New York Times
Other media properties
Number of employees
The New York Times Company is an American mass media company which publishes its namesake newspaper, The New York Times . Arthur Ochs Sulzberger Jr. has served as chairman since 1997.It is headquartered in Manhattan, New York.
The New York Times is an American newspaper based in New York City with worldwide influence and readership. Founded in 1851, the paper has won 127 Pulitzer Prizes, more than any other newspaper. The Times is ranked 18th in the world by circulation and 3rd in the U.S.
Arthur Ochs Sulzberger Jr. is an American journalist. Sulzberger became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. On December 14, 2017, he announced he would be ceding the post of publisher to his son, A. G. Sulzberger, effective January 1, 2018.
Manhattan, , is the most densely populated of the five boroughs of New York City, coextensive with New York County, one of the original counties of the U.S. state of New York. Manhattan serves as the city's economic and administrative center, cultural identifier, and historical birthplace. The borough consists mostly of Manhattan Island, bounded by the Hudson, East, and Harlem rivers; several small adjacent islands; and Marble Hill, a small neighborhood now on the U.S. mainland, physically connected to the Bronx and separated from the rest of Manhattan by the Harlem River. Manhattan Island is divided into three informally bounded components, each aligned with the borough's long axis: Lower, Midtown, and Upper Manhattan.
The company was founded by Henry Jarvis Raymond and George Jones in New York City. The first edition of the newspaper The New York Times , published on September 18, 1851, stated: "We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come."
Henry Jarvis Raymond was an American journalist, politician, and co-founder of The New York Times, which he founded with George Jones. He was a member of the New York State Assembly, Lieutenant Governor of New York, Chairman of the Republican National Committee, and elected to the House of Representatives. For his contribution towards the formation of the Republican Party, Raymond has sometimes been called the "godfather of the Republican Party".
George Jones was an American journalist who, with Henry Jarvis Raymond, co-founded the New-York Daily Times, now the New York Times
The company moved into the cable channel industry purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994.
The company completed its purchase of The Washington Post 's 50 percent interest in the International Herald Tribune (IHT) for US$65 million on January 1, 2003, becoming the sole owner.
The Washington Post is a major American daily newspaper published in Washington, D.C., with a particular emphasis on national politics and the federal government. It has the largest circulation in the Washington metropolitan area. Its slogan "Democracy Dies in Darkness" began appearing on its masthead in 2017. Daily broadsheet editions are printed for the District of Columbia, Maryland, and Virginia.
The United States dollar is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars.
On March 18, 2005, the company acquired About.com, an online provider of consumer information for US$410 million. [ citation needed ]In 2005, the company reported revenues of US$3.4 billion to its investors.
An investor is a person that allocates capital with the expectation of a future financial return. Types of investments include: equity, debt securities, real estate, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
The Times, on August 25, 2006, acquired Baseline StudioSystems, an online database and research service on the film and television industries for US$35 million.
The company announced on September 12, 2006, its decision to sell its Broadcast Media Group, consisting of "nine network-affiliated television stations, their related Web sites and the digital operating center".The New York Times reported on January 4, 2007, that the company had reached an agreement to sell all nine local television stations to the private equity firm Oak Hill Capital Partners, which then created a holding company for the stations, Local TV LLC. The company announced that it had finalized the sale of its Broadcast Media Group on May 7, 2007, for "approximately $575 million".
On May 7 2007, the company announced that it's About.com web information service was acquiring Consumersearch.com (formerly productreviewnet.com) a Web site that compiles reviews of consumer products, for $33 million in cash.
The company moved from 229 West 43rd Street to The New York Times Building at 620 Eighth Avenue, on the west side of Times Square, between 40th and 41st streets across from the Port Authority of New York & New Jersey Bus Terminal.
On July 14, 2009, the company announced that WQXR was to be sold to WNYC, which moved the station to 105.9 FM and began to operate the station as non-commercial on October 8, 2009. This US$45 million transaction, which involved Univision Radio's WCAA moving to the 96.3 FM frequency from 105.9 FM, ended the Times' 65-year-long ownership of the station.
In December 2011, the company sold its Regional Media Group to Halifax Media Group, owners of The Daytona Beach News-Journal , for $143 million. The Boston Globe and The Telegram & Gazette of Worcester were not part of the sale.In 2011, the Times sold Baseline StudioSystems back to its original owners, Laurie S. Silvers and Mitchell Rubenstein, majority shareholders of Project Hollywood LLC.
Facing falling revenue from print advertising in its flagship publication in 2011, The New York Times, the company introduced a paywall to its website. As of 2012, it has been modestly successful, garnering several hundred thousand subscriptions and about $100 million in annual revenue.
In 2013, the New York Times Company sold The Boston Globe and other New England media properties to John W. Henry, the principal owner of the Boston Red Sox. According to the Times Company, the move was made in order to focus more on its core brands.
The paper bought AM radio station WQXR (1560 kHz) in 1944. Its "sister" FM station, WQXQ, would become WQXR-FM (96.3 MHz). Branded as "The Radio Stations of The New York Times", its classical music radio format was simulcast on both the AM & FM frequencies until December 1992, when the big-band and pop standards music format of station WNEW (1130 kHz – now WBBR/"Bloomberg Radio") was transferred to and adopted by WQXR; in recognition of the format change, WQXR changed its call letters to WQEW (a "hybrid" combination of "WQXR" and "WNEW"). By 1999, The New York Times was leasing WQEW to ABC Radio for its "Radio Disney" format. In 2007, WQEW was finally purchased by Disney; in late 2014, it was sold to Family Radio (a religious radio network) and became WFME. On July 14, 2009, it was announced that WQXR-FM would be sold to the WNYC radio group who, on October 8, 2009, moved the station from 96.3 to 105.9 MHz (swapping frequencies with Spanish-language station WXNY-FM, which wanted the more powerful transmitter to increase its coverage) and began operating it as a non-commercial, public radio station. After the purchase, WQXR-FM retained the classical music format, whereas WNYC-FM (93.9 MHz) abandoned it, switching to a talk radio format.
Alongside its namesake newspaper, the company also owns the New York Times International Edition and their related digital properties including NYTimes.com, as well as various brand-related properties.
Since 1967, the company has been listed on the New York Stock Exchange under the symbol NYT. Of the two categories of stock, Class A and Class B, the former is publicly traded and the latter is held privately—largely (nearly 90%) by the descendants of Adolph Ochs, who purchased The New York Times newspaper in 1896.
On January 20, 2009, The New York Times reported that its parent company, The New York Times Company, had reached an agreement to borrow $250 million from Carlos Slim, a Mexican billionaire "to help the newspaper company finance its businesses". The New York Times Company later repaid that loan ahead of schedule. Since then, Slim has bought large quantities of the company's Class A shares, which are available for purchase by the public and offer less control over the company than Class B shares, which are privately held. Slim's investments in the company included large purchases of Class A shares in 2011, when he increased his stake in the company to 8.1% of Class A shares, and again in 2015, when he exercised stock options—acquired as part of a repayment plan on the 2009 loan—to purchase 15.9 million Class A shares, making him the largest shareholder. As of March 7, 2016, Slim owned 17.4% of the company's Class A shares, according to annual filings submitted by the company. While Slim is the largest shareholder in the company, his investment only allows him to vote only for Class A directors, a third of the company's board.
The company sponsors a series of national and local awards designed to highlight the achievements of individuals and organizations in different realms.
In 2007, it inaugurated its first Nonprofit Excellence Award, awarded to four organizations "for the excellence of their management practices". Only nonprofits in New York City, Long Island, or Westchester were eligible.
Jointly with the Carnegie Corporation of New York and the American Library Association, The New York Times Company sponsors an award to honor librarians "for service to their communities". The I Love My Librarian! award was given to ten recipients in December 2008, and presented by The New York Times Company president and CEO Janet L. Robinson, Carnegie Corporation president Vartan Gregorian, and Jim Rettig, president of the American Library Association.
In May 2009, the company launched The New York Times Outstanding Playwright Award to honor an American playwright who had recently had his or her professional debut in New York.The first winner was Tarell Alvin McCraney for his play "The Brothers Size". In 2010, Dan LeFranc won for his play "Sixty Miles to Silver Lake".
The International Herald Tribune, descendant of an American paper first published in Paris in 1887, is appearing today for the first time under the sole ownership and management of The New York Times Company. The takeover ends an anomalous 35-year partnership between The Times and its domestic competitor The Washington Post that produced a journalistic hybrid consisting mainly of articles and editorials from both papers compiled by editors in Paris. In October, The Times reached an agreement to buy The Post's 50 percent stake in the venture for about $70 million -- in part, The Post said, by threatening to start a rival paper overseas.
On May 7, 2007, the Company sold the Broadcast Media Group, consisting of nine network-affiliated television stations, their related Web sites and the digital operating center, for approximately $575 million.Cite uses deprecated parameter
The New York Times Company, a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other daily newspapers, WQXR-FM, and more than 50 Web sites, including NYTimes.com, Boston.com, and About.com. The Company's core purpose is to enhance society by creating, collecting, and distributing high-quality news, information, and entertainment.Cite uses deprecated parameter
Slim doubled his stake in the Times to 16.8 percent last year after exercising options tied to a $250 million loan he gave the company that helped it survive the financial downturn in 2009. His current stake in the company is valued at more than $300 million.
|Wikimedia Commons has media related to The New York Times Company .|
WNYC is the trademark, and a set of call letters shared by a pair of non-profit, noncommercial, public radio stations located in New York City and owned by New York Public Radio, a nonprofit organization that did business as WNYC RADIO until March 2013.
Urban One, Inc. is a Silver Spring, Maryland-based American media conglomerate. Founded in 1980 by Cathy Hughes, the company primarily operates media properties targeting African Americans. It is the largest African-American-owned broadcasting company in the United States, operating 55 radio stations and majority-owning the syndicator Reach Media, as well as its digital arm Interactive One, and the cable network TV One
Carlos Slim Helú is a Mexican business magnate, engineer, investor and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of April 2019, he is the fifth-richest person in the world according to Forbes' listing of The World's Billionaires, with he and his family having a net worth estimated at $63.1 billion. He is the richest person in Latin America.
WQXR-FM is an American classical radio station licensed to Newark, New Jersey and serving the North Jersey and New York City area. It is owned by the nonprofit organization New York Public Radio, which also operates WNYC AM & FM and the four-station New Jersey Public Radio group. New York Public Radio acquired WQXR on July 14, 2009, as part of a three-way trade which also involved The New York Times Company – the previous owners of WQXR – and Univision Radio. WQXR-FM broadcasts from studios and offices located in the Hudson Square neighborhood in lower Manhattan and its transmitter is located at the Empire State Building.
Rogers Media, Inc. is a subsidiary of Rogers Communications, which owns Canada's largest publishing company, Rogers Publishing Limited, which has more than 70 consumer and business publications. Rogers Media Inc. also owns 52 radio stations, and several television properties including terrestrial television stations and cable television channels.
Emmis Communications is an American media conglomerate based in Indianapolis, Indiana. The company owns radio stations and magazines in the United States and Slovakia.
Entercom Communications Corporation is a publicly traded American broadcasting company and radio network based in Bala Cynwyd, Pennsylvania. Founded in 1968, it is the second largest radio company in the United States, owning 235 radio stations across 48 media markets.
New York City has been called the media capital of the world. The media of New York City are internationally influential and include some of the most important newspapers, largest publishing houses, biggest record companies, and most prolific television studios in the world. It is a major global center for the book and magazine publican, music, newspaper, and television industries.
WXNY-FM is a commercial radio station that broadcasts a Spanish language format. It is licensed to New York City, and serves the New York metropolitan area. WXNY is owned by Uforia Audio Network and its transmitter is located at the Empire State Building in Midtown Manhattan.
WBBR is a Class A clear-channel radio station licensed to New York City. It serves as the flagship station of Bloomberg Radio, Bloomberg L.P.'s radio service. The station offers general and financial news reports 24-hours a day, along with relevant local information and interviews with corporate executives, economists and industry analysts. WBBR's studios are in Bloomberg Headquarters in Midtown Manhattan and its transmitter and four-tower antenna array is located in Carlstadt, New Jersey.
WFME is a non-commercial educational, religious-formatted radio station licensed to New York City; it operates as a Class A clear-channel station broadcasting at the maximum power for AM radio, 50,000 watts The station is owned and operated by Family Radio, a Christian radio ministry based in Alameda, California. The station broadcasts the Family Radio - East satellite feed from its transmitter located in Maspeth, Queens.
WMJX is a commercial FM radio station licensed to Boston, Massachusetts. WMJX is owned by Entercom and airs an adult contemporary radio format. WMJX broadcasts Christmas music between mid-November and December 25, with holiday songs also heard year-round on an HD2 subchannel. The studios and offices are located in the Allston-Brighton section of Boston.
New York Public Radio (NYPR) is the owner of WNYC (AM), WNYC-FM, WNYC Studios, WQXR-FM, New Jersey Public Radio, and the Jerome L. Greene Performance Space. Combined, New York Public Radio owns WNYC (AM), WNYC-FM, WQXR-FM, WQXW, WNJT-FM, WNJP, WNJY, and WNJO.
Primosphere Limited Partnership was one of four companies bidding for Satellite Digital Audio Radio Service, or SDARS, licenses in the United States. The service would have been an advertisement-supported digital audio service with an emphasis on serving music genres that had lost exposure in the terrestrial radio market during that period, such as classic jazz, "beautiful music," "pop standards," and swing music. Two dedicated public radio talk channels were also proposed along with traditional talk radio channels.
WNYC-FM is a non-profit, noncommercial, public radio station licensed to New York City. It is owned by New York Public Radio along with WNYC (AM), Newark, New Jersey-licensed classical music outlet WQXR-FM (105.9 MHz), New Jersey Public Radio, and the Jerome L. Greene Performance Space. New York Public Radio is a not-for-profit corporation, incorporated in 1979, and is a publicly supported organization. The station broadcasts from studios and offices in the Hudson Square neighborhood of Manhattan. WNYC-FM's transmitter is located at the Empire State Building. The station serves New York metropolitan area.
The year 1998 in radio involved some significant events.
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WQXW is an all-classical music radio station licensed to Ossining, New York. It simulcasts WQXR-FM, the only classical music station in New York City.
Alfredo Alonso is a retired Cuban-born media executive. He held numerous senior management positions in Spanish-language media publishing, radio, television, corporate event management and restaurateur. He is known as an innovator of new products to reach the U.S. Hispanic media marketplace.