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Article: NYT takes control of `Herald Tribune'.(The World: Ad Age Global News & Data)(New York Times Co. acquires full ownership of International Herald Tribune from Washington Post Co. )(Brief Article)
- Article from:
- Advertising Age
- Article date:
- October 28, 2002
- Author:
CopyrightCOPYRIGHT 2002 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Ali Qassim
[new york] The New York Times Co. last week forced the Washington Post Co. to agree to sell its 50% stake in the International Herald Tribune, opening the way for the Times to expand internationally as the sole owner of the Paris-based daily. The Times had threatened to launch its own international edition. The 115-year-old newspaper, owned jointly by the Times and the Post for 35 years, has a circulation of about 260,000 mostly expat Americans, tourists and business executives and has been ...
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