This excerpt taken from the NYT DEF 14A filed Mar 14, 2007.
Expenses: We reimburse reasonable expenses incurred for attendance at Board and Committee meetings.
Director Compensation Changes Effective April 1, 2007:
On the recommendation of our Nominating & Governance Committee, our Board has approved the following modifications to the compensation for non-employee Directors, effective April 1, 2007. We will discontinue our practice of paying meeting fees in recognition of the fact that meeting attendance is the most basic expectation of a director. Instead we will have a higher annual Board retainer and new Committee retainers as follows: