PARTGLYPH<160>IGLYPH<160>GLYPH<160>GLYPH<160>GLYPH<160>GLYPH<160>GLYPH<160>GLYPH<160>GLYPH<160> FORWARD-LOOKINGGLYPH<160>STATEMENTS ITEMGLYPH<160>1.GLYPH<160>BUSINESS OVERVIEW •  related businesses, such as The Times news services division, digital archive distribution, our conferences  business and other products and services under The Times brand. •  our websites, NYTimes.com and international.nytimes.com; and •  the International New York Times (“INYT”); •  The New York Times (“The Times”); INYT is the international edition of The Times, tailored and edited for global audiences. First published in 2013,  INYT succeeded the International Herald Tribune, a leading daily newspaper that commenced publishing in Paris in  1887. INYT’s content is also available at international.nytimes.com. The Times’s award-winning content is available in print, online and through other digital platforms. The  Times’s print edition, a daily (Mon. – Sat.) and Sunday newspaper in the United States, commenced publication in  1851. The NYTimes.com website was launched in 1996. We generate revenues principally from circulation and advertising. Circulation and advertising revenue  information for the Company appears under “Item 7 — Management’s Discussion and Analysis of Financial  Condition and Results of Operations.” Revenues, operating profit and identifiable assets of our foreign operations are  not significant. The Company includes newspapers, digital businesses and investments in paper mills. We currently have one  reportable segment with businesses that include: We are a global media organization focused on creating, collecting and distributing high-quality news and  information. Our continued commitment to premium content and journalistic excellence makes The New York Times  brand a trusted source of news and information for readers and viewers across various media. Recognized widely for  the quality of our reporting and content, our publications have been awarded many industry and peer accolades,  including 114 Pulitzer Prizes and citations.  The New York Times Company (the “Company”) was incorporated on August 26, 1896, under the laws of the  State of New York. The Company and its consolidated subsidiaries are referred to collectively in this Annual Report  on Form 10-K as “we,” “our” and “us.” By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results  to differ materially from those anticipated in any such statements. You should bear this in mind as you consider  forward-looking statements. Factors that we think could, individually or in the aggregate, cause our actual results to  differ materially from expected and historical results include those described in “Item 1A — Risk Factors” below, as  well as other risks and factors identified from time to time in our SEC filings. This Annual Report on Form 10-K, including the sections titled “Item 1A — Risk Factors” and “Item 7 — Management’s Discussion and Analysis of Financial Condition and Results of Operations,” contains forward-looking  statements that relate to future events or our future financial performance. We may also make written and oral  forward-looking statements in our Securities and Exchange Commission (“SEC”) filings and otherwise. We have  tried, where possible, to identify such statements by using words such as “believe,” “expect,” “intend,” “estimate,”  “anticipate,” “will,” “could,” “project,” “plan” and similar expressions in connection with any discussion of future  operating or financial performance. Any forward-looking statements are and will be based upon our then-current  expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such  statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of  new information, future events or otherwise. THE NEW YORK TIMES COMPANY – P. 1