The New York Times Company is an American media company which publishes its namesake, The New York Times. Arthur Ochs Sulzberger Jr., has served as chairman since 1997. It is headquartered in Manhattan, New York.HistoryThe 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."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 50 percent interest in the International Herald Tribune (IHT) for US$65 million on January 1, 2003, becoming the sole owner.On March 18, 2005, the company acquired About.com, an online provider of consumer information for US$410 million. In 2005, the company reported revenues of US$3.4 billion to its investors.
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