New York Times’ CEO Says The New York Post is Not Going Away

By: Josh Sager | October 23, 2018 05:16:00New York Times CEO Mark Thompson will not be moving the paper to digital anytime soon, the newspaper’s owner, Jeffrey Bezos, announced Tuesday.

In a statement, Thompson said the paper’s owners had “consulted with our team and determined that the best way to serve our community of readers and visitors in our digital space is through traditional print.”

He added that the Times’ strategy for moving to digital will continue as it has for many years: offering content in its traditional print format and digital editions.

“The Times’ digital strategy is designed to remain as close to our core readership as possible,” Thompson said.

“This includes our digital subscription offering that is available to our subscribers and our newsrooms across the country and across the world, including in print.

It also includes our continuing commitment to providing great journalism to our readers through our editorial programs and our digital platform.”

The paper’s print editions have been digital-only since December 2018.

The paper will continue to have print editions on the web, but it will no longer offer its digital version of its digital content on the newsstands.

The announcement comes a few months after Bezos bought the Times for an undisclosed sum in August.

In an interview with Fortune, Thompson reiterated the newspaper will be staying digital, but he said the decision to move the paper was not based on economics.

“We have a very good relationship with our print partners and we have a good relationship on the digital side, so it’s about the economics,” Thompson told Fortune.

“But the paper is not going to be moving out of print anytime soon.

We will be the newspaper it’s always been.”

The move is not the first time a company has announced it will move its business to digital.

Earlier this year, the Washington Post reported that it would move its newsroom, publishing house, and editorial staff to the cloud.

In addition to being digital-centric, the move also comes amid rising concerns over digital copyright infringement and the potential impact of technology on journalism.

In April, President Donald Trump signed legislation that prohibits online news outlets from using news from foreign countries to promote their own content.

Last week, the New York City Mayor, Bill de Blasio, told The New Yorker that his administration would consider changing the city’s longstanding practice of publishing newspaper news on a local-to-national basis.

“If a newspaper doesn’t want to publish on the internet, then the city shouldn’t publish it,” de Blasio said.

“And if it wants to publish in a foreign country, it shouldn’t be on the website of the city.”

The decision to sell the Times to Bezos comes on the heels of a slew of high-profile departures from newspapers.

In May, Pulitzer Prize-winning journalist Michael Hastings quit The New Republic, after the paper published a scathing expose of his private life.

Two months earlier, New York-based author Tom Clancy, who was a Pulitzer finalist in 2004, announced he was leaving The Washington Post.

And earlier this month, former CBS News chairman and CEO Leslie Moonves left The Washington Times amid growing pressure to resign over his handling of the news organization’s reporting of the Boston Marathon bombing.