The New York Times Co.'s digital unit said
Tuesday that it has agreed to provide content to Yahoo! News to
broaden its readership.
Financial terms of the deal were not disclosed.
New York Times Digital said in a statement it will provide
select articles from the national, politics, business,
international, technology and arts sections of NYTimes.com,
newyorktoday.com and Boston.com.
"We are committed to making the best content available to
consumers and this agreement enables our readers to access articles
from one of the world's most well-respected news organizations,"
said Matt Rightmire, vice president and general manager, of Yahoo
Yahoo, based in Santa Clara, Calif., had 2000 revenue of $1.11
billion. New York Times had 2000 revenue of $3.49 billion.
"We look forward to expanding our reach through this additional
distribution channel and to providing Yahoo users with a new
entrypoint to our sites and our high-quality content," said
Catherine Levene, vice president of strategy and business
development for New York Times Digital.
The New York Times Co. announced last month it was slashing 17
percent of the digital unit's work force in the hopes of meeting
its financial goals by the end of 2002.