The New York Times opened the eyes of the American people on September 18, during the year of 1851. This quintessential newspaper became known to the public and spectators as the Gray Lady of America. This network initially began with only a few sections of an old-fashioned newspaper, when the majority of Americans were not as "attention-grabbed" as billions of viewers are today. The New York Times provides information from economics to politics, from science to health. There are approximately more than twenty categories within The New York Times News as a whole. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay The founding of The New York Times occurred in New York City, New York, by the New York Times Company. The New York Times currently has the highest number of sales, after the Wall Street Journal. The vision and mission of the company are those; stands out legally, promotes creative aspects in several ways and reveals the exceptional dynamics of the company in one sentence. The New York Times mission clearly states: "The primary purpose of the New York Times is to improve society by creating, compiling, and distributing high-quality news, information, and entertainment." (Elia 2010). The timeline of the New York Times Company is a type that includes a wide variety of fields, but the most important events took place after the New York Times became the center of controversy in the United States. In 1971 the Times became the center of controversy when it published a series of reports based on the “Pentagon Papers,” a secret government study of U.S. involvement in the Vietnam War that had been secretly provided to the Times by government officials. The United States Supreme Court held that the publication was protected by the freedom of the press clause in the First Amendment of the United States Constitution. Publication of the “Pentagon Papers” earned the Times a Pulitzer Prize in 1972, and by 2015 the newspaper had won 114 Pulitzers, far more than any other news organization. Later in the 1970s the newspaper, under the leadership of Adolph Ochs' nephew, Arthur Ochs Sulzberger, introduced radical changes in the organization of the newspaper and its staff and published a national edition broadcast via satellite to regional printing houses. (BRITAIN2016) The Times continued to use technology to expand its reach, launching an online edition in 1995 and employing color photography in its print edition in 1997. The publication introduced a subscription service called Times Select in 2005 and charged subscribers for access to portions of its online edition, but the program was discontinued two years later and all news, editorial columns, and much of its archival content were opened to the public. In 2006 the Times launched an electronic version, the Times Reader, which allowed subscribers to download the current print edition. The following year the publication moved to the new New York Times building in Manhattan. Soon after, it began, like many industry publications, to struggle to redefine its role in the face of free Internet content. In 2011, the Times instituted a subscription plan for its digital edition that limited free access to content. (BRITISH2016) The New York Times Company as a whole still remains strong, recognized and best-selling in the United States. However there has been a dramatic decline in the number of sales of printed newspapers. Meanwhile, the increase in online viewscontinues with successful growth. State of the News Media reported on the New York Times' progression over the past decade. Throughout 2003, sales recorded a huge boom until, between the years 2008-2012, the digital and more technological vision took over. The NY Times' income statement remains above water, financially revealing stability within the company. Everyone knows about the New York Times, whether or not they are familiar with the wonderful works this company provides. The New York Times did an excellent job creating an unforgettable name. This company should definitely be seen as one of the world's leading competitors in the economy. While the idea of a multibillion-dollar corporation like the New York Times is unimaginable, competition still exists even at this higher earnings level. The company must remain aware of its mental and physical barriers. Any other company risks, to its own advantage, becoming the successor to the New York Times. Also, realistically, this would be taller than a mountain wall for rock climbing, the opportunity is open. The opportunity for another company to take over the other's has been made repeatedly here, particularly in the commercial sector. The New York Times must continue to generate new aspects, new ideas, and new innovations for audiences in hopes of attracting triple the audience rather than a decrease in customers and viewers. As of today, there are three major companies floating in the same canoe as the New York Times. These main oppositions consist of; TEGNA Inc., Graham Holdings Company and News Corporation. Each of these challenges brought in similar, if not double, revenue for the New York Times in New York. Furthermore, the NY Times has had a great effect on society from both a microeconomic and macroeconomic perspective. Looking at the effects from a microeconomic position, local grocery stores, convenience stores, television companies, and other public recreation centers have provided access to the New York Times product in some way, shape, or form. This keeps the company's revenue high and expenses low. Audiences of all types are able to reach New York Times News work and updates at their fingertips. Whether the audience is viewing an article produced in the New York Times public newspaper or on an electronic device, The New York Times has been influenced by the five key dimensions of the business environment just like any other company in the business sector. The five key dimensions of the business environment are: economic, social, technological, global and competitive. The New York Times Company is occasionally influenced more positively than negatively by the five key dimensions. A company that maintains strength in each of these five broad categories is usually the most successful throughout its entire line of work and also in the global business sector. Economically the company has left a great impact on the viewers and their audience. The New York Times has succeeded in doing this, as the wide variety of news broadcasts delve into detail and depth to connect and tune in to audiences of all ages. Socially speaking, the NY Times has always been able to adapt to changes in society. Additionally, the use of social media networking sites has increased dangerously, and the New York Times Company has expanded its networking from print to digital in a matter of years. However, even though actual sales of New York Times newspapers have declined over time, sales still remain skyrocketing. Online viewers introduced a better outcome for the company,.
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