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Company Milestones
| July 22, 1999 |
Acquired Abuzz Technologies, Inc.
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| June 18, 1999 |
Created new business unit, Times Company Digital, which consolidates the Company's Internet holdings.
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| June 17, 1999 |
Announced $500 million share repurchase authorization.
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| Feb. 22, 1999 |
Invested $15 million in TheStreet.com.
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| Dec. 10, 1998 |
The New York Times newspaper achieved $1 billion in ad revenues in a single year, the highest ever reached by any publication.
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| Dec. 1, 1998 |
Leased the broadcast time on WQEW(AM) for an eight-year period to ABC, Inc. for its Radio Disney program.
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| Aug. 19, 1998 |
Announced $575 million share repurchase authorization.
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| July 30, 1998 |
Joined Classified Ventures (www.classifiedventures.com), which was founded in Dec. 1997 by Times Mirror, Tribune Co. and The Washington Post Co.
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| July 1, 1998 |
Split the stock 2 for 1 (Class A & B).
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| June 16, 1998 |
Launched New York Today (www.nytoday.com).
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| Mar. 17, 1998 |
Announced tender offer for $150 million of its outstanding publicly-held 8.25% debentures due March 2005.
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| Dec. 18, 1997 |
Announced $215 million share repurchase authorization.
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| Oct. 16, 1997 |
Arthur Ochs Sulzberger, chairman and chief executive officer, steps down after leading the Company since 1973. Arthur Sulzberger, Jr. is elected chairman.
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| Sept. 25, 1997 |
The Times Company moves to the New York Stock Exchange, where its shares trade under the ticker symbol NYT.
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| Feb. 20, 1997 |
Announced $150 million share repurchase authorization.
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| 1997 |
Sold Tennis, Tennis Buyer's Guide, Sailing World, Cruising World, Snow Country and Snow Country Business.
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| May 16, 1996 |
Announced $32 million share repurchase authorization.
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| Jan. 22, 1996 |
Launched The New York Times on the Web (www.nytimes.com).
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| 1996 |
Acquired KFOR-TV (Oklahoma City, Okla.) and WHO-TV (Des Moines, Iowa). Also acquired Imperial Delivery Service (IDS).
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| Oct. 30, 1995 |
The Boston Globe launched boston.com.
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| Oct. 17, 1995 |
Co-founded CareerPath.com with Knight-Ridder Inc., Times Mirror, Tribune Co. and The Washington Post Co.
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| Mar. 22, 1995 |
Announced the sale of $400 million in debentures and notes.
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| Feb. 16, 1995 |
Announced $50 million share repurchase authorization.
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| 1995 |
Acquired WTKR-TV (Norfolk/Virginia Beach, Va.) and sold The Daily Commercial (Leesburg, Fla.), The Daily Corinthian (Cornith, Miss.), The Messenger (Madisonville, Ky.), Lenior News-Tropic (Lenior, N.C.), State Gazette (Dyerburg, Tenn.), The Banner-Independent (Boonesville, Miss.) and York County Coast Star (Kennebunk, Me.).
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| Oct. 20, 1994 |
Announced $100 million share repurchase authorization.
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| 1994 |
Sold the Women's Magazines Division and the U.K. golf publications and divested its minority interest in Gaspesia Pulp and Paper Company. Also sold Forsyth County News (Cummings, Ga.) and Winder News (Winder, Ga.).
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| Oct. 21, 1993 |
Announced $150 million share repurchase authorization.
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| Oct. 1, 1993 |
Acquired The Boston Globe.
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| Aug. 12, 1993 |
Announced $75 million share repurchase authorization.
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| July 15, 1993 |
Announced $150 million share repurchase authorization.
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| June 21, 1993 |
Announced $100 million share repurchase authorization.
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| 1992 |
Closed The Gwinnett Daily News (Gwinnett, Ga.) and sold the residual assets to Cox Enterprises, Inc.
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| 1991 |
Sold Spruce Falls Power and Paper Company, Ltd., a newsprint mill jointly owned with Kimberly-Clark Corp. The Company and The Washington Post Company acquired the one-third interest in the International Herald Tribune held by Whitcom Investment Company; now each owns 50% of the publication.
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| Mar. 15, 1990 |
Announced $50 million share repurchase authorization.
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| 1990 |
Sold Harlan Daily Enterprise (Harlan, Ky.), Daily News (Middlesboro, Ky.) and Claiborne Progress (Tazewell, Tenn.).
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| Dec. 21, 1989 |
Announced $50 million share repurchase authorization.
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| Nov. 16, 1989 |
Announced $10 million share repurchase authorization.
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| Mar. 16, 1989 |
Announced $25 million share repurchase authorization.
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| 1989 |
Acquired McCall's magazine and sold NYT Cable TV.
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| Nov. 17, 1988 |
Announced $25 million share repurchase authorization.
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| Feb. 18, 1988 |
Announced $100 million share repurchase authorization.
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| Jan. 21, 1988 |
Announced $12 million share repurchase authorization.
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| 1988 |
Launched Snow Country magazine and acquired Golf World (U.S.) and Sailing World magazines. Sold Southern Travel magazine.
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| Nov. 19, 1987 |
Announced $20 million share repurchase authorization.
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| 1987 |
Acquired Child magazine, The Gwinnett Daily News (Gwinnett, Ga.), Forsyth County News (Cummings, Ga.) and The Winder News (Winder, Ga.).
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| Sept. 19, 1986 |
Split the stock 2 for 1 (Class A & B plus a reclassification of 9/10 A & 1/10 B for each B share).
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| 1986 |
Acquired Southern Travel magazine and launched Family Circle's Decorating Remodeling magazine as a separate periodical. Sold The Golden Gate Eagle (Naples, Fla.).
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| 1985 |
Acquired WQAD-TV (Moline, Ill./Davenport, Iowa) and WNEP-TV (Wilkes-Barre/Scranton, Penn.). Also acquired The Press Democrat (Santa Rosa, Calif.), Santa Barbara News-Press (Santa Barbara, Calif.), Spartanburg Herald-Journal (Spartanburg, S.C.), Tuscaloosa News (Tuscaloosa, Ala.) and The Gadsen Times (Gadsen, Ala.).
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| 1984 |
Acquired Cruising World magazine and a small cable TV system in Carney Point, N.J. Sold Times Books, its book publishing operation and Anna Maria Islander (Anna Maria, Fla.) and Zephyrhills News (Zephyrhills, Fla.).
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| Dec. 6, 1983 |
Split the stock 3 for 1 (Class A & B).
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| 1983 |
Licensed or sold its micro-publishing, educational materials and information retrieval service operations including its Books, Information and Education Group.
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| 1982 |
Acquired Sarasota Herald-Tribune (Sarasota, Fla.), Times Daily (Florence, Ala.), Daily World (Opelousas, La.), Lenior News-Topic (Lenior, N.C.), The Messenger (Madisonville, Ky.), The Daily Cornithian (Cornith, Miss.), Daily News (Middlesboro, Ky.), The Harlan Daily Enterprise (Harlan, Ky.), State Gazette (Dyersburg, Tenn.), York County Coast Star (Kennebunk, Me.), Claiborne Progress (Tazewell, Tenn.) and The Banner-Independent (Booneville, Miss.).
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| 1981 |
Acquired NYT Cable TV (Cherry Hill, N.J.) and sold its Australian magazine operations.
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| 1980 |
Acquired WHNT-TV (Huntsville, Ala.), The Courier (Houma, La.), The Daily Comet (Thibodaux, La.) and Anna Maria Islander (Anna Maria, Fla.). Established The Golden Gate Eagle (Naples, Fla.). Sold its Cambridge Book Company Division, Us magazine and TV Guide (Australia). Formed Madison Paper Industries with Myllykoski Oy, a Finnish paper manufacturing company.
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| 1979 |
Acquired KFSM-TV (Fort Smith/Fayetteville, Ark.).
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| 1978 |
Acquired Zephyrhills News (Zephyrhills, Fla.).
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| 1977 |
Sold its professional magazine and music publishing businesses.
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| 1975 |
Acquired Wilmington Morning Star (Wilmington, N.C.).
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| 1974 |
Acquired Times-News (Hendersonville, N.C.).
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| 1973 |
Acquired Marco Island Eagle (Marco Island, Fla.) and The Dispatch (Lexington, N.C.). Arthur Ochs Sulzberger becomes chairman and chief executive officer of the Company.
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| Feb. 23, 1972 |
Announced a repurchase authorization for up to 150,000 shares.
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| 1972 |
Acquired Tennis magazine, Lake City Reporter (Lake City, Fla.), The News-Leader (Fernandina Beach, Fla.), The News-Sun (Sebring, Fla.) and Avon Park Sun (Avon Park, Fla.).
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| Aug. 6, 1971 |
Announced a repurchase authorization for up to 50,000 shares.
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| 1971 |
Acquired WREG-TV (Memphis, Tenn.), Cambridge Book Company, Inc., Family Circle magazine, the Modern Medicine group of professional magazines and the remaining interest (49%) in Arno Press Inc. Also acquired The Gainesville Sun (Gainesville, Fla.), The Ledger (Lakeland, Fla.), Star-Banner (Ocala, Fla.), Leesburg Daily (Leesburg, Fla.), and Daily News (Palatka, Fla.).
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| 1970 |
Acquired Golf World (U.K.) magazine and a 35% interest in Malbaie Paper Company Ltd.
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| Jan. 14, 1969 |
The New York Times Company stock is listed for the first time on the American Stock Exchange. Its ticker symbol is NYTA.
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| 1969 |
Acquired Golf Digest magazine.
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