MASS MEDIA DISTRIBUTION NEWSWIRE

Richard Dorfman, CEO of Richard Alan Inc., rates the NY Times an excellent investment opportunity
June 26, 2007

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Press Contact: R.A. Dorfman
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Richard Dorfman, CEO of Richard Alan Inc., rates the NY Times an excellent investment opportunity

(New York) --- June 26, 2007 --- In a new analysis published today, media industry expert and investor, Richard Dorfman, concludes that the New York Times represents an excellent investment opportunity with the shares having substantial upside potential over the next 12 to 24 months.

Dorfman bases his conclusion on three specific factors. One, far from being a threat, the growing migration of consumers to the Internet for getting the news actually represents a once-in-a-lifetime opportunity for a leading brand like the New York Times. Two, the dual class share structure that is currently weighing down the shares will ultimately be abandoned as a result of shareholder pressure. And, three, the New York Times is an attractive acquisition candidate that will, at some point, likely be acquired.

“While many analysts and investors are bearish on the newspaper industry, and with good cause, I believe that the New York Times is a special case, and that there are a number of powerful factors at work that should positively impact the company’s long-term prospects, as well as its share price,” said Dorfman. He continued, “It is an iconic brand that is extraordinarily well-positioned to benefit from the transition to digital delivery of the news.”

To read the full opinion, go to www.richardalan.com/opinion.htm .

About Richard Alan Incorporated

Founded in 1996, Richard Alan Incorporated is an investment firm with interests in the media, entertainment and information services industries.


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Summary

In a new analysis published today, media industry expert and investor, Richard Dorfman, concludes that the New York Times represents an excellent investment opportunity with the shares having substantial upside potential over the next 12 to 24 months.