The New York Times

About

The New York Times creates, collects, and distributes news, information, and entertainment through a daily newspaper and a website.

New York,New York,United States
1001 - 5000
http://www.nytimes.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $350.20M
Industries: Advertising,Internet,News,Publishing
Founded date: Sep 18, 1851
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nyse:NYT
Legal Name: The New York Times Company
Also Known As: The New York Times Company / NY Times

The New York Times creates, collects, and distributes news, information, and entertainment through a daily newspaper and a website.The New York Times has more than 50 websites and publishes 18 newspapers, including the [International Herald Tribune](http://www.crunchbase.com/organization/international-herald-tribune) and [The Boston Globe](http://www.crunchbase.com/organization/the-boston-globe). It is a leading media company with 2012 revenues of 1.99 U.S. dollar billion.

The company previously owned [About.com](http://www.crunchbase.com/organization/about-com) but sold it in September 2012 to IAC/InterActiveCorp for 300 U.S. dollar million.

The New York Times newspaper has won 98 Pulitzer Prizes, more than any other newspaper, and it is organized into sections: News, Opinions, Business, Arts, Science, Sports, Style, and Features. The New York Times website is rated as one of the most popular websites online, receiving over 14 million unique visitors in August 2008.

The New York Times is headquartered in New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$600.20M

The New York Times has raised a total of $600.20M in funding over 2 rounds. Their latest funding was raised on Aug 11, 2022 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 11, 2022	Post-IPO Equity	$350.20M	1	ValueAct Capital	—	Detail
Jan 20, 2009	Post-IPO Debt	$250M	1	—	—	Detail
Jan 9, 1981	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

36

3

The New York Times has made 36 investments. Their most recent investment was on Nov 9, 2021, when OpenWeb raised $150M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 9, 2021 OpenWeb	Series E	$150M	Internet	—
Sep 9, 2020 Trint	Series A	$6.70M	Content	Yes
Sep 19, 2019 Automattic	Series D	$300M	Blogging Platforms	—
Aug 1, 2019 Holloway	Seed	$4.60M	Content	—
Oct 25, 2018 Scroll	Series A	$7M	Consumer Goods	—

Investors

Number of Lead Investors

Number of Investors

1

2

The New York Times is funded by 2 investors. ValueAct Capital and Carlos Slim are the most recent investors.

Investor Name	Lead Investor	Funding Round
ValueAct Capital	Yes	Post-IPO Equity
Carlos Slim	—	Post-IPO Debt

Employee Profiles

Number of Employee Profiles

172

The New York Times has 172 current employee profiles, including Board member Dara Khosrowshahi

Board member

Board member

Board member

Executive

Board member

Exits

The New York Times has had 13 exits. The New York Times most notable exits include WideOrbit , Shine

Date	Company Name	Exit Type	Industry
Dec 12, 2022	WideOrbit	M&A	Advertising	Detail
Sep 8, 2022	Shine	M&A	Consumer Software	Detail
Dec 21, 2021	Dynamic Yield	M&A	A/B Testing	Detail
May 4, 2021	Scroll	M&A	Consumer Goods	Detail
Feb 19, 2021	RadioPublic	M&A	Audio	Detail

Acquisition

The New York Times has acquired 15 organizations. Their most recent acquisition was The Boston Globe on Jun 11, 1993. They acquired The Boston Globe for $1.10B.

Date Company Name	Industry	Acquisition Type	Price
Jun 11, 1993 The Boston Globe	News	acquisition	$ 1.10B	Detail
Jun 1, 1999 Abuzz Technologies	Information Technology	acquisition	—	Detail
Feb 17, 2005 Dotdash	Advertising	acquisition	$ 410M	Detail
Feb 18, 2005 About, Inc	Internet	acquisition	—	Detail
Feb 6, 2006 blogrunner	News	—	—	Detail