OLD Media Moves

New York Times launches Web-based financial news report

March 6, 2006

The New York Times announced today the launch of DealBook, a new online financial news report on NYTimes.com featuring up-to-the-minute news and exclusives about Wall Street and corporate America. The continually updated report edited by Andrew Ross Sorkin, the Times’s chief mergers and acquisitions reporter, with contributions from Times business reporters, is an extension of the daily e-mail newsletter of the same name that reaches more than 160,000 subscribers and includes among its readers many of the nation’s most influential executives and leaders.

New York TimesDealBook now includes three separate entities: the DealBook online report, the DealBook e-mail newsletter and the DealBook Sunday column in the newspaper. The new online report will be published weekdays at NYTimes.com/dealbook and will contain in-depth coverage that is updated throughout the market day, Monday through Friday. The existing DealBook e-mail newsletter is an executive summary of the prior day’s news and sent before the opening bell each weekday morning. Sorkin’s DealBook column in the Sunday paper is a point-of-view piece on a specific topic or trend in the financial news industry.

In addition to breaking news and providing timely analysis of market-moving events, the DealBook online report will offer links to the most relevant financial news from around the Web. The report will feature dispatches from other Times business reporters including Peter Edmonston and Liza Klaussmann and will be overseen by a group of editors that includes Jeffrey Cane and is led by Business editor Lawrence Ingrassia.

Read the entire press release here.

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