International Herald Tribune

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Template:Infobox Newspaper The International Herald Tribune (or IHT) is an English-language newspaper fully owned by The New York Times Company, which — along with its own staff journalists and news agencies — supplies it with news and features.

1 History
2 Distribution
3 Affiliations
4 External links

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History

"The Herald" was founded on October 4, 1887 by New York Herald owner James Gordon Bennett, Jr.. The company is based in Neuilly-sur-Seine, a suburb of Paris.

In 1928, The Herald became the first newspaper distributed by airplane, flying copies to London from Paris in time for breakfast.

Publishing of the IHT was interrupted between 1940-1944, during the occupation of Paris by Nazi Germany.

In 1959, John Hay Whitney, a businessman and U.S. Ambassador to the U.K., bought the paper and its European edition. In 1966, the New York paper closed, but the Whitney family kept the Paris paper going through partnerships. In December 1966, The Washington Post became a joint owner.

The New York Times became a joint owner of the Herald in May 1967 and the newspaper became known as the International Herald Tribune.

In 1974 the IHT began transmitting facsimile pages of the paper between nations and opened a printing site near London, England. In 1977, the paper opened a second site in Zurich.

The IHT began to send electronic images of newspaper pages from Paris to Hong Kong via satellite in 1980, making the paper simultaneously available on opposite sides of the planet.

In 1991, The Washington Post and The New York Times became sole and equal shareholders of the newspaper.

It is now completely owned by The New York Times Company after The Times purchased the 50% stake owned by the Washington Post Company on December 30, 2002. The takeover ended a 35-year partnership between The Times and its domestic competitor, The Washington Post. The Post was forced to sell when the Times threatened to pull out and start a competing paper. As a result, the Post entered into an agreement to publish selected articles in The Wall Street Journal's European edition.

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Distribution

The influential paper is printed at 31 sites around the world and sells in more than 180 countries. It has a circulation of 240,500 (2004), which has decreased since 2002 when its circulation was 269,000, with about 335 employees.

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