The mission of The New York Times is to seek the truth and help people understand the world. That means independent journalism is at the heart of all we do as a company. It’s why we have a newsroom that’s 1,700 strong and sends journalists to report on the ground from nearly 160 countries. It’s why we focus deeply on how our readers will experience our journalism, from print to audio to a world-class digital and app destination. And it’s why our business strategy centers on making journalism so good that it’s worth paying for.
Note for US based roles: Any offer of employment is contingent on providing proof of Covid-19 vaccination prior to your start date,subject to approved medical and/or religious exemptions, in accordance with applicable law.
Job Description
The New York Times is looking for a Manager to join the Corporate Development team. Corporate Development is a unique and exciting role at The New York Times. As a component of our Strategy organization, Corporate Development is responsible for sourcing and executing acquisitions and venture investments, articulating The Times’s long-term strategy and economics, and partnering with operators to accomplish our business objectives.
This is an important and exciting moment to work at The Times. Our journalism has never been stronger or more relevant. Our products are used by millions of passionate and engaged users every month. And our strategy of providing journalism worth paying for has helped us rapidly grow our digital subscription business. Still, we see enormous potential for growth and improvement.
You will help leaders evaluate strategic investments that will shape the future of the company. You will lead projects that help us achieve our enterprise goals, and will also help shape company strategies, goals, operating plans, and roadmaps.
Role
- Evaluate and execute strategic investments (including acquisitions, organic investments, and venture investments) to help The New York Times reach its near- and long-term business goals
- Collaborate with cross-functional teams (e.g., Product, Engineering, Legal, Tax) and third parties to conduct diligence and create post-acquisition roadmaps
- Communicate important diligence findings to senior leadership
- Collaborate with cross-functional teams to manage post-acquisition activities
- Provide rigorous quantitative analysis to articulate the impact of strategic investments on the company’s long-term strategy
- Build relationships with media and consumer internet founders and evaluate early-stage investment opportunities
- Participate in strategy projects that may involve market assessments, product strategy and development, subscription growth strategy, quantitative opportunity sizing, and organizational design.
Experience And Skills
- 3-5 years of relevant work experience in private equity, venture capital, investment banking, or management consulting
- Experience with acquisitions or investments, including but not limited to researching new markets, evaluating business models, developing relationships with management teams, leading diligence processes, and building complex financial models
- Experience communicating recommendations to senior company leadership in writing (e.g., memos, slide presentations) and verbally
- Experience breaking down complex problems into pieces that can be solved with data, analysis, and clear assumptions
- Experience working cross-functionally with partners in different parts of an organization
- Four-year college degree
Qualities
- Enthusiasm for collaboration, and building strong, trusting relationships with colleagues across all levels and departments
- Exceptional quantitative skills
- Commitment to the highest standards
- Clear and concise communication style
- Deep interest in and understanding of trends and challenges facing the media industry, and The Times in particular
- Passion for The New York Times and the impact its journalism can have on our world
- Excitement for meeting other companies
The New York Times is committed to a diverse and inclusive workforce, one that reflects the varied global community we serve. Our journalism and the products we build in the service of that journalism greatly benefit from a range of perspectives, which can only come from diversity of all types, across our ranks, at all levels of the organization. Achieving true diversity and inclusion is the right thing to do. It is also the smart thing for our business. So we strongly encourage women, veterans, people with disabilities, people of color and gender nonconforming candidates to apply.
The New York Times Company is an Equal Opportunity Employer and does not discriminate on the basis of an individual’s sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, gender identity and expression, disability, genetic trait or predisposition, carrier status, citizenship, veteran or military status and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. The New York Times Company will consider qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local “Fair Chance” laws.
IF interested, please apply here.
