Times Company Reports a Drop in Income
Posted: 4/26/2013  |  By: Christine Haughney | The New York Times
The New York Times Company reported a decline in first-quarter income on Thursday as its executives continued to reposition the company into a global news outlet for a digital age.

Amid the ongoing changes in the industry, the company also announced plans to introduce lower-cost subscription models, part of a broader growth strategy detailed on Thursday.