EXHIBIT 12

THE NEW YORK TIMES COMPANY

Ratio of Earnings to Fixed Charges

(Unaudited)

	For the Six Months Ended June 29, 2014		For the Years Ended
(In thousands, except ratio)			December 29, 2013		December 30, 2012		December 25, 2011		December 26, 2010		December 27, 2009
Earnings/(loss) from continuing operations before fixed charges
Earnings/(loss) from continuing operations before income taxes, noncontrolling interest and income/(loss) from joint ventures	$	12,050	$	98,014	$	255,621	$	66,283	$	52,474	$	(88,392	)
Distributed earnings from less than fifty-percent owned affiliates	—		1,400		9,251		3,463		8,325		2,775
Adjusted pre-tax earnings/(loss) from continuing operations	12,050		99,414		264,872		69,746		60,799		(85,617		)
Fixed charges less capitalized interest	30,451		63,032		67,243		90,252		92,143		87,475
Earnings/(loss) from continuing operations before fixed charges	$	42,501	$	162,446	$	332,115	$	159,998	$	152,942	$	1,858
Fixed charges
Interest expense, net of capitalized interest(1)	$	28,440	$	59,588	$	63,218	$	85,693	$	86,291	$	83,118
Capitalized interest	82		—		17		427		299		1,566
Portion of rentals representative of interest factor	2,011		3,444		4,025		4,559		5,852		4,357
Total fixed charges	$	30,533	$	63,032	$	67,260	$	90,679	$	92,442	$	89,041
Ratio of earnings to fixed charges	1.39		2.58		4.94		1.76		1.65		0.02

Note: The Ratio of Earnings to Fixed Charges should be read in conjunction with this Quarterly Report on Form 10-Q, as well as the Annual Report on Form 10-K for the year ended December 29, 2013 for The New York Times Company (the “Company”).
(1	)	The Company’s policy is to classify interest expense recognized on uncertain tax positions as income tax expense. The Company has excluded interest expense recognized on uncertain tax positions from the Ratio of Earnings to Fixed Charges.