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The New York Times' CEO Discusses Q4 2011 Results - Earnings Call Transcript

The New York Times (NYT)

Q4 2011 Earnings Call

February 02, 2012 11:00 am ET

Executives

Paula Schwartz - Assistant Director of Investor Relations & Online Communications

Arthur O. Sulzberger - Chairman, Interim Chief Executive Officer and Publisher of The Times

James M. Follo - Chief Financial Officer and Senior Vice President

Michael Golden - Vice Chairman, President of Regional Media Group and Chief Operating Officer of Regional Media Group

Analysts

John Janedis - UBS Investment Bank, Research Division

Douglas M. Arthur - Evercore Partners Inc., Research Division

Craig Huber

William G. Bird - Lazard Capital Markets LLC, Research Division

Alexia S. Quadrani - JP Morgan Chase & Co, Research Division

Leo Kulp - Citigroup Inc, Research Division

Edward J. Atorino - The Benchmark Company, LLC, Research Division

Presentation

Operator

Good day, and welcome to The New York Times Fourth Quarter Earnings Conference Call. As a reminder, today's conference is being recorded. At this time, I'd like to turn the conference over to your host, Ms. Paula Schwartz. You may begin.

Paula Schwartz

Thank you, Tricia, and good morning, everyone. Welcome to our fourth quarter 2011 earnings conference call. We have several members of our senior management team here today to discuss our results with you including: Arthur Sulzberger, Jr., Chairman and Chief Executive Officer; Michael Golden, Vice Chairman; Jim Follo, Senior Vice President and Chief Financial Officer; and Scott Heekin-Canedy, President and General Manager of The Times.

All of the comparisons on this conference call will be for the fourth quarter of 2011 to the fourth quarter of 2010, unless otherwise stated. Our discussion will include forward-looking statements, and our actual results may differ from those predicted. Some of the factors that may cause them to differ are included in our 2010 10-K.

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