1、2009 Annual Report?To ourShareholderS2010 is here,and The New York Times Company is continuing to make the transition from an enterprise that operated primarily in print to one that is increas-ingly digital and multiplatform in delivery and global in reach.The New York Times,New England and Regional
2、 Media Groups and the About Group all made significant contributions to this long-term effort to achieve genuine transformation and improve our performance.This process has required rethinking,reinventing,risk-taking,sacrifice,creativity and hard decisions.While it is never easy for an organization
3、to redefine itself,it is much more difficult to achieve this goal in the midst of such unusual and stark economic circumstances.In 2009 we contended with an unsettled national economy that disrupted virtually every sector,adversely affecting consumer demand and severely limiting future visibility.Ye
4、t we kept faith in our journalistic mission,fought aggres-sively for every dollar,invested in new products and tech-nology,improved our financial flexibility,streamlined costs,and won numerous awards in journalism,technology and diversity.We will need to build upon these accomplishments in the month
5、s ahead as the environment we operate in continues to evolve.We express gratitude to our colleagues across the world for all they achieved in a most challenging year.It was with great sadness that we parted ways with many valued colleagues and friends in 2009;their contributions will not soon be for
6、gotten.Future generations will look back at 2009 with deep respect for what courageous and innovative Times Company men and women were able to accomplish.2009 ResultsTo begin,we will review The New York Times Companys 2009 results.Rooted in innovation,strategic discipline and long-term thinking,we h