times review media group

• Real Estate Transfers
• Classifieds

Explore Our Site

• Write the Editor
• Legal / Public Notice Portal
• Send Us a Tip

• Riverhead News Review
• Shelter Island Reporter
• Northforker Vacation Guide
• Southforker

Explore northforker

Newsletter Sign Up

Times/review newsgroup announces new ownership.

By Grant Parpan

• Share on Facebook Facebook Created with Sketch.
• Share on Twitter Twitter Created with Sketch.

Ownership of Times/Review Newsgroup of Mattituck was transferred recently from Joan and Troy Gustavson of Orient to their daughter, Sarah Olsen, and her husband, Andrew Olsen, of Cutchogue.

Mr. Olsen, the president-elect of the New York Press Association board of directors, became a co-publisher of the company in May 2003 when the Gustavsons retired as co-publishers. He was named sole publisher in 2009.

The Gustavsons had owned the company, formerly known as Times/Review Newspapers, since 1977. Times/Review publishes The Suffolk Times, Riverhead News-Review, The Shelter Island Reporter, Long Island Wine Press, numerous tourism and special-interest magazines, and the websites associated with those publications.

“We feel blessed to be in a position to keep Times/Review in the family,” Mr. Gustavson said in a statement. “Publishing these papers for the past 35 years has been a privilege and the fulfillment of a lifelong dream of ours, and fortunately that dream is shared by Sarah and Andrew. We are absolutely confident that the company, and its publications, are in the best possible hands.”

Mr. Olsen, 42, is a graduate of Southold High School and the University of Richmond (Va.). Before joining Times/Review, he was a vice president of Lowe, Lintas & Partners, an advertising agency in New York City. He is a former chairman of the East Marion Fire Department and recently transferred to the Cutchogue Fire Department. He also coaches youth baseball and basketball on the North Fork.

Ms. Olsen, 41, is a graduate of Greenport High School and Boston (Mass.) University. She was promotion director of Food and Wine Magazine in New York City before she stopped working to raise their two children, Tyler, 11, and Emma, 9. She works on the editorial side of Times/Review’s special publications.

“We are incredibly honored to build on the foundation established by Joan and Troy,” Mr. Olsen said in a prepared statement. “Our goal is to provide our readers and advertisers with the most compelling community news content across print and digital platforms.

“We’re confident our talented staff will continue to do this like no one else.”

[email protected]  

Related Content

Dwyer, carrera repeat as times/review athletes of year.

Mattituck High School senior Shannon Dwyer and Riverhead High School senior Carolyn Carrera were repeat winners when Times/Review Newsgroup...

Former Suffolk Times editor sues company

The former editor of The Suffolk Times has filed a multimillion dollar lawsuit against the newspaper’s parent company, claiming...

Merry Christmas from Times/Review Newsgroup

The Times/Review Newsgroup, publishers of The Suffolk Times, Riverhead News-Review, Shelter Island Reporter, Long Island Wine Press and Northforker.com...

Publisher named president of press association

Times/Review Newsgroup publisher Andrew Olsen began his yearlong term as president of the New York Press Association’s board of...

Pinciaro joins Suffolk Times staff as managing editor

Joseph Pinciaro joined Times/Review Newsgroup last week as managing editor. In the new role, Mr. Pinciaro will work with...

Column: A discovery made over & over & over

So, the North Fork has been discovered … again! Every three or four years, it seems The Other Times...

Times Review Media Group

Photos & videos.

See all 21 photos

About the Business

Times Review Media Group, nestled in the heart of Mattituck, New York, is your trusted local publisher proudly serving Suffolk County and beyond. Beyond our editorial excellence, we specialize in crafting tailored advertising solutions designed to elevate your business's visibility and impact. Our seasoned sales professionals stand ready to collaborate with you, developing strategic advertising plans that align seamlessly with your objectives and budgetary considerations. Whether you seek to amplify your brand's presence or engage with local audiences, Times Review Media Group in Mattituck is your trusted partner. Contact us today to discover how we can elevate your advertising and media endeavors to new heights! …

Location & Hours

Suggest an edit

7785 Main Rd

Mattituck, NY 11952

Recommended Reviews

• 1 star rating Not good
• 2 star rating Could’ve been better
• 3 star rating OK
• 4 star rating Good
• 5 star rating Great

Select your rating

People Also Viewed

Suffolk Life Newspaper

Canterbury Mews

Southampton Press-Western Edition

Edible East End

The Independent

Port Times-Record

My Diabetic Friends

New Haven Independent

2600: The Hacker Quarterly

Browse Nearby

Restaurants

Radio Stations

Print Media Near Me

Other Print Media Nearby

Find more Print Media near Times Review Media Group

• Around the Island
• Classifieds

Explore Our Site

• Write the Editor
• Legal / Public Notice Portal
• Send Us a Tip

• Riverhead News Review
• The Suffolk Times
• Northforker Vacation Guide
• Southforker

Explore northforker

Newsletter Sign Up

Times review media group to relocate to new office in mattituck.

By Times Review

• Share on Facebook Facebook Created with Sketch.
• Share on Twitter Twitter Created with Sketch.

After 34 years at its current home in Mattituck, Times Review Media Group is moving on to smaller, better things.

The company will be leaving its home of more than three decades this month and relocate just down the road.

“The decision to move was based on economics and remote working,” said Andrew Olsen, publisher of Times Review. “We simply don’t need the same amount of office space as we did when our current building was designed.” 

Mr. Olsen said he believes the new space will allow the staff to better collaborate with each other and infuse technology into their operation. 

“Our No. 1 priority is to invest in a talented staff and our brands,” said Mr. Olsen, who has been sole publisher since 2009. “Blending that approach with the best technology solutions and software has been a successful formula.”

Times Review — which publishes the Shelter Island Reporter, Riverhead News-Review, The Suffolk Times, and northforker — was originally based in Greenport before the company moved to Mattituck in the 1980s, when it outgrew its office at 429 Main St., which is now The Times Vintage.

The company will also launch a new lifestyle brand, southforker, in the coming months.

Joan and Troy Gustavson of Orient, previous co-owners of Times Review, bought the Mattituck property for $135,000 in 1986. They built the space — with a design inspired by an old potato barn — with a vision unique compared to other newsrooms, featuring 40-foot-high ceilings, numerous skylights and over 60 windows filling the space with natural light.

“When we built the building in 1988, it was really designed for a print operation,” Mr. Olsen said. “Everything’s been digitized, so this is giving us the appropriate amount of space as we move ahead, and it does still give us room to expand.”

The new space, which had previously been used as a doctor’s office, was transformed into a newsroom, with space for a sales office, conference room and a dedicated room for podcasting and video editing, among other amenities.

Mr. Olsen and his wife, Sarah, who live in Cutchogue, became owners of the company in 2013 when the Gustavsons formally transferred ownership.

The 7,200-square-foot building at 7785 Main Road was sold to an LLC owned by Sukru Ilgin. Times Review had been leasing the building from the Gustavsons.

Times Review will be moving some time in October, as internet installations and technology updates are being finished for the staff to move seamlessly into their new space, Mr. Olsen said.

“We are constantly looking for ways to be more efficient and this was a logical step to take,” he said. “Our entire staff has helped us with this transition and we really appreciate all of their help.”

Phone numbers for staff members will remain the same after the move and the company will maintain its mailing address: P.O. Box 1500, Mattituck, NY 11952.

Related Content

Paw print: an easter message.

From the mind and pen of Peter Waldner, the Reporter’s award-winning cartoonist.

What is that? March 29, 2024

If you know, let us know. Send your responses to [email protected] or phone 631-275-1859. Just in time for Holy...

Shelter Island Wellness column: Awaken to spring

It’s finally spring on the East End. The light is beautiful, the days are getting longer, the daffodils are...

Friday Night Dialogue at the Shelter Island Library: Pandemic Mixtape

Author Alison Cupp Relyea will speak at the Shelter Island Public Library on Friday, April 5, drawing on her...

Shelter Island School baseball team wins first two games of the season

The Shelter Island School baseball team is off to a sizzling start, winning its first two games at home....

Shelter Island Reporter Letters to the Editor: March 28, 2024

Biases To the Editor: In your editorial of March 21, 2024, you are attempting to rewrite history. Why were...

• Real Estate Transfers
• Classifieds

Explore Our Site

• Write the Editor
• Legal / Public Notice Portal
• Send Us a Tip

• The Suffolk Times
• Shelter Island Reporter
• Northforker Vacation Guide
• Southforker

Explore northforker

Newsletter Sign Up

Donald a. alfano.

By Riverhead News-Review

• Share on Facebook Facebook Created with Sketch.
• Share on Twitter Twitter Created with Sketch.

Donald A. Alfano of Southold passed away Thursday, March 21, 2024. He was 83 years old.

Donald was born July 25, 1940, in Manhattan Borough, N.Y. to Victoria (née Blancone) and Pat Alfano. He was one of two children. At an early age he lived in Little Italy in New York City, eventually moving to Copiague, N.Y., with his family at the age of 8. After high school, he attended St. John’s University in Buffalo, N.Y., for two years.

In 1961, Donald married the love of his life, Doris Ann (née DeWitt) Alfano, at Our Lady of Assumption R.C. Church in Copiague, N.Y. Together they had two children and moved to Southold in 1970. In his professional career, Donald worked as a court officer for 25 years with the Suffolk County Criminal Court System in Riverhead, retiring as a senior court officer.

Donald was an avid boater and loved antique cars. He was a member of the Moose Car Club, Triangle Yacht Club, Elks Lodge in Riverhead and Peconic Bay Power Squadron.

Donald is survived by his wife, Doris; children Kenneth (Audrey) of Flanders and Stacey of Southold; grandchildren Dale, Rylee and Kaitlyn; and brother Michael (Dorothy) of Myrtle Beach, S.C.

The family received friends March 25 at the DeFriest-Grattan Funeral Home in Southold. The Liturgy of Christian Burial was celebrated March 26 at Saint Patrick’s R.C. Church in Southold, officiated by Father John Barrett. Interment followed at Saint Patrick’s R.C. Cemetery in Southold.

In lieu of flowers, donations to Saint Jude Children’s Research Hospital or Shriners Hospitals for Children would be appreciated.

This is a paid notice.

Related Content

Thelma hondry velys.

Sept. 17, 1927-March 25, 2024 Thelma Hondry Velys passed away peacefully on March 25, 2024 in her home in...

Kathleen Ann Diller

Kathleen Ann Diller of Central Islip, and formerly of Southold, passed away at home on Sunday, March 24, 2024....

John J. James

John J. James of Riverhead died March 19, 2024, at his home. He was 76.

[Barbara] Lynn ‘Lynny’ Tonnessen

[Barbara] Lynn “Lynny” Tonnessen of Mattituck passed away at home Monday, March 11, 2024. She was 71 years old.

Frances S. Davis

Frances S. Davis of Riverhead died March 21, 2024, at Southside Hospital. She was 87.

Anne T. Kruel

Anne T. Kruel of Calverton died March 19, 2024, at Peconic Bay Medical Center. She was 84.

• Work & Careers
• Life & Arts

Become an FT subscriber

Limited time offer save up to 40% on standard digital.

• Global news & analysis
• Expert opinion
• Special features
• FirstFT newsletter
• Videos & Podcasts
• Android & iOS app
• FT Edit app
• 10 gift articles per month

Explore more offers.

Standard digital.

• FT Digital Edition

Premium Digital

Print + premium digital.

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

• 10 additional gift articles per month
• Global news & analysis
• Exclusive FT analysis
• Videos & Podcasts
• FT App on Android & iOS
• Everything in Standard Digital
• Premium newsletters
• Weekday Print Edition

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

• Everything in Print
• Everything in Premium Digital

The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App.

Terms & Conditions apply

Explore our full range of subscriptions.

Why the ft.

See why over a million readers pay to read the Financial Times.

International Edition

Trump's Truth Social has only 5 million members and is performing badly but could be valued at more than $5 billion

• Trump Media's social media app could be valued at more than $5 billion.
• Investors in Digital World Acquisition Corp. approved a merger deal with Trump's company.
• Despite the potential windfall, Truth Social is facing mounting losses.

Donald Trump's social media platform is losing money, but it could still be valued at over $5 billion.

Former President Trump's Truth Social is set to become part of a publicly traded company after a long-delayed merger was approved.

On Friday, a shell company created solely to buy Truth Social's parent company, Trump Media & Technology Group, approved the merger, The Associated Press reported.

The merger could be worth around $5.7 billion and a timely $3 billion boost for Trump as he faces mounting legal costs and penalties.

Despite the big number, the company, which Trump founded in 2021 after he was suspended from Twitter, as X was then known, has suffered considerable losses, which it has said it expects to continue "for the foreseeable future."

Truth Social has a tiny footprint compared to other social media platforms. It had about five million active members in February of this year — including mobile users and website visitors, according to estimated research firm Similarweb, per CBS News.

Related stories

It compares to TikTok which has over one billion monthly active users. Facebook has 3.049 billion monthly active users , and According to estimates , X/Twitter has more than 350 million worldwide.

'I believe in TRUTH and MAGA'

A securities filing by DWAC in November showed the Truth Social app lost $31.6 million from its launch in early 2022 to mid-2023, Reuters reported.

And Trump Media lost $49 million in the first nine months of 2023 on revenue of just $3.4 million, per The AP.

Jay Ritter, an IPO specialist at the University of Florida, told The AP that the losses meant "no way the company is worth anything like" the stock price suggests.

DWAC noted the risk posed by the company's losses in filings with US regulators while pointing to the high failure rate for new social media platforms.

But this doesn't seem to have bothered DWAC backers, many of whom are individual retail investors and some seem to be Trump fans.

"I am holding and not selling! I believe in TRUTH and MAGA," a member of a Truth Social group posted on Friday, CBS News reported.

Watch: OPINION: Media activist shares how Musk could change Twitter

• Main content

Russia shuts Memorial Human Rights Centre in 'one-two punch'

• Memorial Human Rights Centre kept list of political prisoners
• Centre found to have broken "foreign agent" law
• Affiliated Memorial centre already shut on Tuesday
• Critics say move is latest attack on dissent

'TOO AWKWARD'

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Additional reporting by Svetlana Ivanova and Maxim Rodionov in Moscow, by Olzhas Auyezov and by Stephanie Nebehay in Geneva; Editing by Kevin Liffey and Barbara Lewis

Our Standards: The Thomson Reuters Trust Principles. , opens new tab

Thomson Reuters

As Russia Chief Political Correspondent, and former Moscow bureau chief, Andrew helps lead coverage of the world's largest country, whose political, economic and social transformation under President Vladimir Putin he has reported on for much of the last two decades, along with its growing confrontation with the West and wars in Georgia and Ukraine. Andrew was part of a Wall Street Journal reporting team short-listed for a Pulitzer Prize for international reporting. He has also reported from Moscow for two British newspapers, The Telegraph and The Independent.

The head of Ukraine's largest private energy firm, DTEK, said on Saturday that five of its six plants had been damaged or destroyed with 80% of its generating capacity lost after two weeks of Russian attacks and that repairs could take up to 18 months.

Russia launched 16 missiles and 11 drones at Ukraine in an overnight air attack, Ukraine's air force said on Sunday morning.

Turkey local election: Erdogan battles key rival 

Turks voted on Sunday in municipal elections focused on President Tayyip Erdogan's bid to reclaim control of Istanbul from rival Ekrem Imamoglu, who aims to reassert the opposition as a political force after bitter election defeats last year.

Russia has imposed a "counter-terrorism operation" regime in the southern region of Dagestan, detaining three people by Sunday morning, Russian news agencies reported, citing the National Anti-Terrorism Committee.

Advertisement

Supported by

Trump’s Social Media Company Opens New Avenue for Conflicts of Interest

Ethics experts say Trump Media, now a publicly traded company, would present a new way for foreign actors or others to influence Donald J. Trump, if he is elected president.

• Share full article

By Sharon LaFraniere

When former President Donald J. Trump’s social media company went public this week, supporters and investors betting on Mr. Trump’s political success helped drive the value of a loss-making firm through the roof. Mr. Trump ended the first day of public trading $4.6 billion richer on paper.

If Mr. Trump is elected president, it may not be the last time the company is used as a vehicle to benefit Mr. Trump’s pocketbook, experts said.

Trump Media & Technology Group — the owner of Truth Social, the site Mr. Trump uses to rally his backers and blast his opponents — could present a new, fairly straightforward route for foreign leaders or special interests to try to influence him. Should he retain his control of the company while in office, the ethical questions that arose from Mr. Trump’s hotels and other properties in his first term as president would only multiply when applied to a publicly traded media company, they said.

“This will be a very easy vehicle for foreign governments that want to curry favor with the president to throw money at him in a way that benefits his financial bottom line,” said Jack Goldsmith, a law professor at Harvard University and a top Justice Department official under President George W. Bush.

Corporations and other players wanting to sway Mr. Trump could buy advertising on Truth Social, other experts said. They could try to get on his radar by buying shares in the company. As the nation’s leader whose every utterance is monitored around the world, Mr. Trump would also be in an extraordinary position to drive traffic — and ultimately revenue — by the habitual use of the site.

Ethics experts see few legal obstacles to these scenarios. Presidents are not covered by federal conflict-of-interest law, and efforts to use constitutional checks failed during Mr. Trump’s first term.

Asked how Mr. Trump would manage his roughly 60 percent stake in Trump Media if elected, Steven Cheung, a campaign spokesman, said he would “follow ethics guidelines,” but did not offer specifics.

A number of presidents tried to steer clear of the appearance of profiting off their position by voluntarily putting their assets and investments in blind trusts. President Biden did not need to do that because he invested only in diversified funds that included a variety of companies, a White House spokesman said. Mr. Trump’s decision to maintain his financial interest in his real-estate businesses while president overturned prevailing ethical norms.

Mr. Trump’s critics filed multiple lawsuits claiming that he violated the emoluments, or anti-corruption, clauses of the Constitution, language designed to prevent a president from profiting from his official position, and foreign or state officials from influencing a president through gifts or benefits. They argued that Mr. Trump had illegally benefited from payments from foreign leaders and others who patronized his properties.

But the lawsuits were either dismissed or, after Mr. Trump lost his 2020 re-election bid, declared moot by the Supreme Court . It was never established what constituted an emoluments violation and what would be the remedy.

“I don’t have any doubt whatsoever that the emoluments clause would prove even less an obstacle to Donald Trump were he elected in November than it was when he was president before,” said J. Michael Luttig, a conservative former federal appeals court judge who has argued that Mr. Trump’s attempts to overturn the 2020 election disqualify him from holding public office.

Representative Jamie Raskin, Democrat of Maryland, who led a congressional inquiry into Mr. Trump’s conflicts of interest, said: “The emoluments clause right now has been reduced to nothingness. In order to breathe life back into it, Congress must develop a legislative machinery to enforce the principle.”

Foreign or special interests are not the only concern that arises with presidential control of a media company, said Richard Painter, who served as the chief ethics lawyer to President George W. Bush and who later ran for Congress as a Democrat.

If Mr. Trump were re-elected and used Truth Social to communicate in the way that he used Twitter during his first term, Mr. Painter said, “he would be helping himself to profits through United States government traffic” while putting Truth Social’s competitors at an unfair disadvantage.

He said Mr. Trump would most likely face the same type of criticism that dogged Silvio Berlusconi, whose company controlled much of the national television broadcasting in Italy while he served as the country’s prime minister. Mr. Berlusconi, who served nine years as prime minister, dismissed allegations of conflicts of interest by saying that he had relinquished control of his media empire to his sons. Three independent watchdog groups said Mr. Berlusconi’s control of major media outlets threatened or limited the independence and diversity of Italy’s press.

After Mr. Trump’s election in 2016, his advisers said that presidents were not required to separate themselves from their financial assets and that Mr. Trump’s precautions would be sufficient to protect him from influence seekers . Mr. Trump described the emoluments clause as “phony.”

He gave his sons day-to-day control of the Trump Organization, the main umbrella group for his businesses, but was still closely tied to the organization . Mr. Trump also pledged to donate any profits from foreign government spending to the U.S. Treasury.

Mr. Raskin and other Democrats on the House Committee on Oversight and Accountability estimated that Mr. Trump’s businesses garnered at least $7.8 million from foreign governments or their leaders while he was in office, mostly from China and Saudi Arabia. The Trump Organization donated only about $459,000 to the Treasury, they said.

Perhaps even more than with his hotels, golf courses and other enterprises, Mr. Trump’s personal involvement in the social media company is considered critical to its success.

In filings with the U.S. Securities and Exchange Commission, Digital World Acquisition Corporation, the company behind the merger, tied the operation’s hopes directly to Mr. Trump. Were Mr. Trump to divest of his financial interest, or no longer devote a substantial amount of time to Truth Social, the business could suffer, the filings stated.

Mr. Trump created Truth Social in 2021 after Twitter barred him from its platform, citing the risk of violence. Mr. Trump has fewer than seven million followers, compared with about 87 million on X, formerly Twitter. He continued to post almost exclusively on Truth Social even after X reinstated him in November 2022, a sign of his commitment to the platform.

During the first nine months of last year, Trump Media took in just $3.3 million in revenue — all from advertising on Truth Social — and had a net loss of $49 million. But after concluding the merger, Trump Media closed its first day of trading on Nasdaq under the ticker DJT, with an estimated market value of close to $8 billion. That is more than 2,000 times its estimated annual revenue and more than the valuation of corporations like Alaska Airlines and Western Union.

The stock was so high-flying that trading in its shares had to be briefly halted because of extreme volatility.

Mr. Trump, who has been scrambling to post a $175 million bond stemming from a civil fraud case, is currently prohibited from cashing out his shares for six months.

Although Mr. Trump will not serve as the firm’s chairman, the board is stacked with staunch allies. Besides his son, Donald Trump Jr., they include: Devin Nunes, a former Republican congressman from California and Trump Media’s chief executive; Kash Patel, who served as Mr. Trump’s counterterrorism adviser on the National Security Council and who has suggested that some journalists will be legal targets if Mr. Trump is re-elected; Robert Lighthizer, the former U.S. Trade Representative; and Linda McMahon, a Trump campaign fund-raiser who led the Small Business Administration under Mr. Trump.

Matthew Goldstein contributed reporting. Kitty Bennett contributed research.

Sharon LaFraniere is an investigative reporter currently focusing on Republican candidates in the 2024 presidential election. More about Sharon LaFraniere

Our Coverage of the 2024 Elections

Presidential Race

President Biden raised $25 million  campaigning alongside Barack Obama and Bill Clinton  at a Radio City Music Hall event , and held a retreat the next day  for 175 major donors.

Donald Trump pushed his law-and-order message  at a wake for a police officer killed on duty.

Trump Media, now publicly traded, could present new conflicts of interest  in a second Trump term.

Donald Trump cast Robert F. Kennedy Jr.  as a liberal democrat  in disguise  while also seeming to back the independent presidential candidate as a spoiler for the Biden campaign.

Other Key Races

Tammy Murphy, New Jersey’s first lady, abruptly ended her bid for U.S. Senate, a campaign flop that reflected intense national frustration with politics as usual .

Kari Lake, a Trump acolyte running for Senate in Arizona, is struggling to walk away from the controversial positions  that have turned off independents and alienated establishment Republicans.

Ohio will almost certainly go for Trump this November. Senator Sherrod Brown, the last Democrat holding statewide office, will need to defy the gravity of the presidential contest  to win a fourth term.