New York Times (NYT) 2010年年度报告「NYSE」.pdf

1、The New Y ork TimesCompany2010 Annual ReportTO OURSHAREHOLDERSIn the distinguished history of The New York Times Company,2010 will be viewed as one of its most crucial years.Our management team remained focused on providing shareholder value by continuing the transition to a multiplatform organizati

2、on,taking bold and decisive actions that improved the financial condition of the Company and positioned it for long-term success.Operating profit increased to$234 million in 2010,more than triple the$74 million we reported in 2009,and operating profit excluding depreciation,amortization,severance an

3、d special items grew 20%to$384 million in 2010 from$320 million in 2009.*Our defining actions last year included significantly growing operating profit,reducing costs and continuing to invest strategically in expanded news operations,digital technologies and related applications.This was accomplishe

4、d against the backdrop of a global economic storm that continues to generate difficult headwinds in an uncertain marketplace and challenging advertising environment.We have transformed the Company into a global,multiplatform media organization that embraces new distribution channels and applies its

5、test-and-learn philosophy to approaching change.While the Times Company will never again be defined by a single distribution method,our print newspapers will continue to serve as news organizations of record in the communities and the world they serve.Once again in 2010,our journalism and compelling

6、,informative news and commentary received many industry and peer accolades,including three Pulitzer Prizes at The New York Times.Our print publications continue to provide an effective vehicle for advertisers,who are willing to pay a premium to reach a highly engaged and affluent audience.The Timess