The New York Times Will Seek Non-Profit Partners To Shore Up Revenue
New York Times executive editor Dean Baquet and his number 2, Joseph Kahn, told staff members this weekend that the company will seek non-profit partners to help offset the costs of its journalism at a time when advertising revenue continues its quicksand downward spiral. In a memo to staff that was remarkable in its forthright revelation of the economic challenges facing the paper, Baquet and Kahn said that NYT admi…