Item 8.01. Other Events.

The New York Times Company (the "Company") has sold its remaining 210 Class B units of Fenway Sports Group ("FSG") to multiple buyers in transactions that were completed on May 10 and 11, 2012. The Company received an aggregate of $63 million in cash and will recognize an estimated pre-tax gain of approximately $38 million in the second quarter of 2012.

FSG owns the Boston Red Sox baseball club; Liverpool Football Club (a soccer team in the English Premier League); approximately 80% of New England Sports Network (a regional cable sports network); and 50% of Roush Fenway Racing (a leading NASCAR team).

Except for the historical information contained herein, the matters discussed in this report are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. They include risks detailed from time to time in the Company's publicly filed documents, including the Company's Annual Report on Form 10-K for the year ended December 25, 2011. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

---