The New York Times Company is an American media company best known as the publisher of its namesake, The New York Times.
The company was founded by Henry Jarvis Raymond and George Jones in New York, New York. In its very first edition on September 18, 1851, the paper read,
- "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."
The company also owns The Boston Globe, the International Herald Tribune, and almost two dozen other regional newspapers in the United States. The company also owns eight local television stations and two New York radio stations.
The company is a minority stakeholder as of 2003 in the Boston Red Sox, a position acquired as part of John W. Henry 's purchase of the famed baseball team.
It had 2003 revenues of $3.2 billion. Since 1967 it has been a publicly traded company, listed on the New York Stock Exchange under the symbol NYT.
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