I imagine the Washington Post enjoyed reporting this story:

The top two executives of the New York Times Co. met Friday with a hedge fund group that wants to kick out four of the media company’s directors, according to financial filings.
A partnership between Firebrand Partners and Harbinger Capital Partners maintains that the Times Co. is underperforming and needs a new digital strategy. The partnership began buying Times Co. stock in December and now holds nearly 10 percent of the company, making it the Times Co.’s second-largest non-family shareholder.
Times Co. Chairman Arthur Sulzberger Jr. and President Janet L. Robinson met with Firebrand founder Scott Galloway at the Times Co. headquarters in New York to discuss Firebrand’s nominees for the Times Co.’s board of directors, according to a Securities and Exchange Commission filing yesterday.
Firebrand, an investment firm, is partnering with Harbinger, a buyer of distressed properties, to try to turn around the Times Co.’s flagging stock, which has lost two-thirds of its value in the past four years. Times Co. shares closed yesterday at $17.16, up 2.3 percent.
Galloway first contacted Sulzberger and Robinson in January

And more from Reuters:

NEW YORK, Feb 12 (Reuters) – The New York Times Co (NYT.N: Quote, Profile, Research) said on Tuesday it nominated two new candidates for its board ahead of an attempt by a dissident investor group to add four directors to its slate.
The Times, whose shares rose 3 percent in early trading, said Robert Denham and Dawn Lepore agreed to run for election at the company’s annual meeting on April 22. Denham is a partner in law firm Munger, Tolles & Olson, while Lepore is chief executive of Drugstore.com (DSCM.O: Quote, Profile, Research).
The Times said directors Brenda Barnes, chairman of Sara Lee Corp (SLE.N: Quote, Profile, Research), and James Kilts, former CEO of Gillette Co, would not stand for re-election. A complete slate of directors to stand for election will be made public later this month, the company said.
An investor group formed by Firebrand Partners and hedge fund Harbinger Capital Partners is pushing the newspaper group to reallocate capital and move more aggressively into digital media.