10:59 AM EDT, 08/26/2025 (MT Newswires) -- (Updates with response from The New York Times ( NYT ) in the fifth paragraph.)
Activist investment firm Fivespan Partners has built a stake in The New York Times ( NYT ) , Bloomberg reported Tuesday, citing a letter to Fivespan investors.
Fivespan is urging the company to use artificial intelligence to increase its subscribers, among other things, the report said.
The size of Fivespan's interest couldn't be immediately determined, according to the report.
The activist investor has engaged with The New York Times ( NYT ) in private, Bloomberg reported, citing people familiar with the matter.
The New York Times ( NYT ) declined to comment when contacted by MT Newswires, while Fivespan didn't immediately respond to a request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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