Out with the Old, in with the News The New York Times Co. is tabling some of its odder ventures in favor of its core business--providing information through its newspaper, magazine, and television properties OUT LOXAHATCHEE SLOUGH: A planned golf course and residential development that was to have capitalized on its Golf Digest magazine. VIDEO NEWS INTERNATIONAL: A fledgling venture, which had newspaper reporters toting video cameras along on interviews, was drastically scaled back. THE POPCORN CHANNEL: A cable network, launched in 1995, that showed movie previews and local movie listings. It was shuttered a year later. The Times owned a 40% stake. IN ACQUISITIONS: With the company's rich free cash flow of about $265 million, the Times will hit the acquisition trail in the coming year or two. PRINTING: After 10 years and $800 million, the two new printing plants give the Times color, more sections, and later deadlines. DATA: COMPANY REPORTS, BUSINESS WEEK Return to main story

Updated Sept. 25, 1997 by bwwebmaster
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