The New York Times Remains Too Pricey To Justify A Bullish Outlook
New York Times(NYT) Seeking Alpha·2024-08-04 13:34
mbbirdy/iStock Unreleased via Getty Images Dating back to 1851, The New York Times Company (NYSE:NYT) is one of the oldest and most iconic companies in the world. Over its life, it has become a major news organization worth billions of dollars. Many years ago, there were concerns about its ability to remain competitive as more news shifted from the traditional newspaper format to online, and as we saw a proliferation of free news content. But management has done a fantastic job of adapting, turning the p ...