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NEW YORK (AFX) - Newspaper publisher New York Times Co. said Monday it retained photo agency Redux Pictures to license Times photography to U.S. magazines, books, Web sites, broadcast outlets and commercial markets.
Financial terms of the arrangement were not disclosed.
The publisher said it will continue to handle photo licensing to its existing NYT News Service and Syndicate, to overseas markets, and to all newspapers.
Shares of New York Times traded up 42 cents at $22.29 in afternoon trading on the New York Stock Exchange. Copyright 2006 Associated Press. All rights reserved. This material may not be
Copyright 2006 AFX News Limited. All Rights Reserved.
