Darsana Capital Partners LP Increases Stake in The New York Times Company

Darsana Capital Partners LP has filed a Schedule 13G with the SEC, disclosing an increased ownership stake in The New York Times Company. As of October 21, 2025, Darsana Capital Partners LP holds 8,500,000 shares of Class A Common Stock, representing a 5.2% ownership interest. This marks an increase of 2,250,000 shares from their previous holdings, reflecting a 36% rise in both the number of shares and their value. The filing also includes Darsana Capital Partners GP LLC, Darsana Master Fund LP, Darsana Capital GP LLC, and Anand Desai as reporting persons, each with the same ownership percentage. The filing indicates that the securities are held by advisory clients of Darsana Capital Partners LP, with Darsana Master Fund LP being the only client owning more than 5% of the Class A Common Stock. The filing was made under Rule 13d-1(c) and includes certifications that the securities were not acquired for the purpose of influencing control of the issuer.