NEW YORK (Feb. 18, 2015) – The New York Times and CIG Education Group have come together to launch NYT EDUcation, a new education initiative. NYT EDUcation marries The New York Times’s premier content and award-winning journalism to the educational expertise of CIG Education Group, a leader in the development of branded academic institutions.
NYT EDUcationwill provide innovative courses and programs covering a wide array of subjects, including communications and media, which reflect the authoritative content and intellectual breadth of The New York Times. Courses will be offered on a wide variety of topics, ranging from pre-college level to higher education, continuing education and executive education by incorporating the skills, knowledge and experience of The New York Times.
CIG Education Group will build NYT EDUcationby leveraging a team of proven institution builders who have been pivotal in the development of Sotheby’s Institute of Art, today’s foremost leader in graduate-level study of art and its international markets.
“This is an important milestone in The New York Times Company’s brand extension strategy. NYT EDUcation provides our readers and other like-minded individuals in the U.S. and across the globe an opportunity to learn across a wide range of topics on which The Times has world-class expertise,” said Michael Greenspon, General Manager News Services & International, The New York Times. “We are proud to be working with CIG Education Group who have a strong track record in building corporate-branded education programs, and our relationship will highlight the history, depth and breadth of The New York Times.”
“We’re connecting students to an innovative and relevant curriculum that has, at its heart, the content, creativity and wide-ranging knowledge of one of the greatest media companies in the world,” said Michael Chung, CEO of CIG Education Group, COO of Cambridge Information Group. “We will focus on curricula that will be developed and taught by some of the finest practitioners in their respective fields while maintaining The New York Times’s highest level of quality standards. We believe that by bringing this extraordinary resource into a formal educational context we are creating a new model and a major milestone in the development of 21st century education.”
NYT EDUcationis in the process of assembling a world-class management and curriculum development team. Planning of courses and programs will begin shortly and the first offerings will be available in fall 2015.
About The New York Times Company
The New York Times Company(NYSE:NYT) is a global media organization dedicated to enhancing society by creating, collecting and distributing high-quality news and information. The company includes The New York Times, International New York Times, NYTimes.com, INYT.com and related properties. It is known globally for excellence in its journalism, and innovation in its print and digital storytelling and its business model. Follow news about the company at @NYTimesComm.
About CIG Education Group
CIG Education Group (CEG) is a division of Cambridge Information Group (CIG) (www.cig.com), a family-owned global investment firm with a focus on information services, education and technology. With Sotheby’s Institute of Art, Bach to Rock and now NYT EDUcation in its portfolio, CEG continually seeks to invest in and build unique educational models founded on academic rigor and real world practice that provide access to exciting careers. CIG, its parent company, has a long and successful track record of investing in and building businesses for the long term and includes ProQuest and Navtech among its holdings. CIG’s family of companies employs more than 2,000 people in 26 countries.
# # #
For The New York Times:
Jordan Cohen, 212-556-7429; Jordan.Cohen@nytimes.com
Vicky Taylor, 44 (0) 207 061 3520; VTaylor@nytimes.com
For CIG Education Group:
Jonathan Friedlander, 917 499 2922; JFriedlander@cig.com
Saul Hafenbredl, 608-216-7300; firstname.lastname@example.org