22.07.2008 04:01:00
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The New York Times and LinkedIn Form Strategic Relationship
NYTimes.com and LinkedIn
announced today a strategic relationship that will give LinkedIn members
a more focused and personalized experience on the Business
and Technology pages of
NYTimes.com. This relationship pairs two strong online brands that share
a professional and engaged audience.
Under the terms of the agreement, LinkedIn users will now have news
relevant to their professional industries recommended to them on the Business
and Technology pages of
NYTimes.com. A targeted headline feature will highlight the five latest
Times articles for LinkedIn members based on their non-personally
identifiable attributes. For example, LinkedIn members who work in the
energy sector will have the option to receive relevant, targeted Times
stories that cover the energy business.
Times readers will also be able to share and discuss stories with
LinkedIn members in their networks. This feature will be incorporated
into the share tool on all article pages of NYTimes.com.
"Working with LinkedIn, we have created a
program that will provide readers of our Business and Technology
sections with a more relevant and customized experience,”
said Vivian Schiller,
senior vice president and general manager, NYTimes.com. "This
relationship will further our engagement with our large audience of
professionals, executive decision makers and small-business employees.” "This relationship is one of the many steps
LinkedIn has taken to provide its network of members with all the
information they need to stay ahead in their careers,”
said Patrick Crane,
vice president of marketing for LinkedIn. "With
the LinkedIn-NYTimes.com integration, not only will our users be able to
get the news, they will now see the news that is professionally relevant
to them.”
Through this relationship, advertisers will be able to extend their
targeting capabilities to more Times readers than currently available
through the NYTimes.com registration process. Readers will have even
better access to useful news and information, while advertisers will
have a greater opportunity to speak more directly to important audiences.
"Both NYTimes.com and LinkedIn are leaders in
targeting. This relationship expands NYTimes.com's targeting capability
and creates a powerful incentive for advertisers to leverage LinkedIn's
and NYTimes.com's combined reach of the business community,”
said Denise Warren,
senior vice president and chief advertising officer, The New York Times
Media Group. "Advertisers are constantly
looking for context, content and quality brands and this approach
delivers just that.”
This agreement upholds both companies’
commitment to protecting their members’
registration data. The non-personally identifiable data available to
NYTimes.com from LinkedIn includes industry, job function, seniority,
company size, gender and geography. Neither LinkedIn nor NYTimes.com
will share any personally identifiable information. Readers will have
the option to opt-out of this program. More information on this program
can be found here: http://www.nytimes.com/linkedin.
According to Nielsen Online, NYTimes.com had 17.7 million unique
visitors in June and was the No. 1 newspaper Web site in the United
States, a position it has long held.
LinkedIn is the world’s largest professional
network with nearly 25 million members and growing by more than one
million members every month.
More details can be viewed on the LinkedIn blog at: http://blog.linkedin.com/blog/2008/07/the-new-york-ti.html.
Screen shots of the new headline feature and the addition of LinkedIn to
NYTimes.com’s share tool are available on the
press image section of http://www.nytco.com:
http://www.nytco.com/press/press_images.html About The New York Times Company The New York Times Company (NYSE:
NYT), a leading media company with 2007 revenues of $3.2 billion,
includes The New York Times, the International Herald Tribune, The
Boston Globe, 16 other daily newspapers, WQXR-FM and more than 50 Web
sites, including NYTimes.com, Boston.com
and About.com. The Company's core
purpose is to enhance society by creating, collecting and distributing
high-quality news, information and entertainment.
About LinkedIn
LinkedIn takes your personal business network online, giving you access
to people, jobs and opportunities like never before. Built upon trusted
connections and relationships, LinkedIn has established the world’s
largest and most powerful business network. Currently, more than 25
million professionals are on LinkedIn, representing all five hundred of
the Fortune 500 companies, as well as a wide range of household names in
technology, financial services, media, consumer packaged goods,
entertainment, fashion, and numerous other industries. LinkedIn is
backed by world-class investors including Sequoia
Capital, Greylock
Partners, the European Founders Fund, Bessemer
Venture Partners, and Bain
Capital Ventures.
This press release can be downloaded from www.nytco.com
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