Vantaggi
The reputation of the company will allow you to get into other companies once you decide to leave. You will fall into one of two categories: 1) You will learn a lot about various technologies and how they work at the Times by more Senior developers. 2) You'll be bored because you know about technologies already and be baffled at the level of disorganization surrounding processes and systems. They are in the middle of a lot of changes so you will be able to be influential in some major technology decisions.
Svantaggi
The processes/systems are archaic and leave room for human error. Management doesn't help you to achieve your goals as much as they claim. There is a lot of double talk and confusing sets of information. You will get a lot of I don't knows from people in power and you are expected to do everything on your own without adequate tools and systems in place. The internal documentation is weak. The project management team doesn't have a consensus on how they are supposed to do their jobs. There aren't any formal definitions for what each role is responsible for on projects.