-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, HkfH9cU8JcNz4fivvQyynAW6INAbDluP744y40mMrrYFPPeRmV6yBwFUetnyju5w iDHC6W+EDxFF9DBI5hTi4A== 0000950112-95-000540.txt : 19950601 0000950112-95-000540.hdr.sgml : 19950601 ACCESSION NUMBER: 0000950112-95-000540 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950224 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19950301 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW YORK TIMES CO CENTRAL INDEX KEY: 0000071691 STANDARD INDUSTRIAL CLASSIFICATION: NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING [2711] IRS NUMBER: 131102020 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05837 FILM NUMBER: 95517638 BUSINESS ADDRESS: STREET 1: 229 W 43RD ST CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2125561234 MAIL ADDRESS: STREET 1: 229 W 43RD STREET CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 THE NEW YORK TIMES COMPANY SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 24, 1995 ----------------- THE NEW YORK TIMES COMPANY ------------------------------------------------------------ (Exact name of registrant as specified in its charter) New York 1-5837 13-1102020 --------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 229 West 43d Street, New York, New York 10036 --------------------------------------------------------------------- (Address of principal executive offices (Zip Code) Registrant's telephone number, including area code: (212) 556-1234 ----------------- ITEM 5. Other Events On February 24, 1995, the Registrant announced that it has agreed to purchase WTKR-TV, a CBS affiliate in Norfolk, Virginia from Narragansett Television, Inc. A copy of the Registrant's press release is filed herewith as Exhibit 99. ITEM 7. Financial Statements and Exhibits Exhibit 99. Press Release dated February 24, 1995. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE NEW YORK TIMES COMPANY Date: March 1, 1995 By: Laura J. Corwin ------------------ Laura J. Corwin Secretary and Corporate Counsel EX-99 2 Exhibit 99 News About The New York Times Company 229 West 43d Street, New York, NY 10036 ___________________________________________________________________________ For Immediate Release: Contact: Nancy Nielsen 212-556-7078 THE NEW YORK TIMES COMPANY TO ACQUIRE WTKR-TV, NORFOLK, VA. NEW YORK, Feb. 24 -- The New York Times Company and Narragansett Television, Inc., announced an agreement for the purchase by the Times Company of WTKR-TV, the CBS- affiliate which serves the Norfolk-Portsmouth-Newport News television market in Virginia. The announcement was made today by Arthur Ochs Sulzberger, chairman and chief executive officer of the Times Company and Jonathan M. Nelson, chairman of Narragansett Television. "We are delighted to acquire WTKR-TV and become a part of the greater Norfolk community. This is an important step toward strengthening our position in electronic media," said Mr. Sulzberger. WTKR-TV will join the New York Times Company Broadcast Group, which is based in Memphis, Tennessee and consists of five network-affiliated stations, a video production company and two radio stations. Mr. Nelson said, "WTKR is one of the outstanding television stations in the country. The station s community involvement and public service are second to none. We believe that with the Times Company as its new owners, the station will continue its tradition of offering excellent programming to its viewers and will remain an outstanding place to work." Lance R. Primis, president and chief operating officer of the Times Company, added: "We see WTKR-TV as a perfect fit for the expansion of our television group. It is a strong station in a very attractive market. While Norfolk will be our biggest television market, we have operated very successfully in Memphis and Scranton, Penn., markets of similar size. We are confident that our operating strategy of emphasizing local news and local advertising will be equally successful in Norfolk." WTKR-TV is a VHF station with a Designated Market Area (DMA) that ranks 39th nationally in total TV households, as measured by A.C. Nielsen. The market contains 625,000 television households in 24 counties around the Hampton Roads area of Virginia and North Carolina at the mouth of the Chesapeake Bay. The terms of the agreement were not disclosed. The closing is subject to regulatory approval. The New York Times Company is a diversified media company with revenues of $2.4 billion in the following lines of business: newspapers, magazines, broadcasting, information services and forest products. In addition to operating the Broadcast Group, the Company publishes The New York Times, The Boston Globe and 28 regional newspapers, owns newspaper wholesalers in the New York City and Boston metropolitan areas and a one-half interest in the International Herald Tribune; publishes 10 sports/leisure magazines; operates a news, photo and graphics services and news and feature syndication, TimesFax, The New York Times Index, and licensing of electronic data bases and microfilm, CD-ROM products and the trademarks and copyrights of The Times; and has minority interests in one newsprint mill and one supercalendered paper mill. The Company s Class A Common Stock is listed on the American Stock Exchange under the symbol NYT.A. -- February 24, 1995 -----END PRIVACY-ENHANCED MESSAGE-----