About Contact Archives RSS Columns Photos

Thumbs down for the NYTimes

By Michelle Malkin  •  April 24, 2007 03:48 PM

From their own shareholders (via Bloomberg News; hat tip: Daniel G):

New York Times Co. shareholders, led by Morgan Stanley, withheld 42 percent of their votes from directors to protest the Sulzberger family’s control over the company.

About 52.5 million of the 124.2 million shares voted declined to support the re-election of directors, New York Times spokeswoman Catherine Mathis said today at the company’s annual shareholder meeting in New York.

The withhold tally compared with 28 percent at last year’s meeting, which marked the beginning of a yearlong campaign by Morgan Stanley. The firm and it supporters, concerned about falling profits and a slumping share price, complained that New York Times’s two classes of stock give shareholders too little say in the company. Chairman and Publisher Arthur Sulzberger Jr.
should give up one of his roles, they said.

The vote “is a clear mandate for meaningful change,”bMorgan Stanley said in a statement. “The withhold vote this yearbis significantly higher than last year and is an emphatic call for accountability.”

Flashback: Going down, down, down

Posted in: New York Times

Add your opinion

Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.

Trackbacks

  1. Webloggin

Trackback URL

You must be logged in to post a comment.

Team McCain has an epiphany: The NYTimes is a left-wing rag!

September 22, 2008 06:34 PM by Michelle Malkin

111 Comments | 4 Trackbacks

Better late than never, I guess.

NYT correction of the day

July 10, 2008 10:36 AM by Michelle Malkin

18 Comments | 3 Trackbacks

Distorting the news at The Fishwrap of Record.

The New York Times reveals the name of KSM’s interrogator, over the CIA’s wishes

June 22, 2008 10:22 AM by see-dubya

86 Comments | 12 Trackbacks

Here’s how the Times says “thanks for your service…”

Hey, Associated Press: You owe me at least $132,125!

June 17, 2008 10:37 PM by Michelle Malkin

87 Comments | 58 Trackbacks

Turn the tables.

The NYT should swallow its own medicine

June 17, 2008 10:57 AM by Michelle Malkin

41 Comments | 0 Trackbacks

Do as they say…

Berlusconi testifies in Abu Omar rendition case

May 14, 2008 02:11 PM by see-dubya

18 Comments | 0 Trackbacks

Just ignore the Saddam-terror connection, okay?

Hooking a fishy NYTimes reporter

May 8, 2008 07:58 PM by Michelle Malkin

21 Comments | 0 Trackbacks

America’s fishwrap of record.

Dick Cavett: yet another liberal dazzled by Petraeus’ shiny medals

April 12, 2008 10:33 PM by see-dubya

88 Comments | 7 Trackbacks

“Very impressive…if you’re twelve”.

Some unintentional truth at the New York Times

April 7, 2008 02:01 PM by see-dubya

28 Comments | 4 Trackbacks

That’s Rich!


Categories: New York Times


JustOneMinute

» The Debate!

Weekly Standard

» Round Two Goes to Obama

Power Line

» A Semi-Live Blog