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May 21, 2013

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24gotham (CC-BY)

Quarterly Profit Takes a Tumble at NYT

Heads are no doubt bowing at The New York Times as the paper’s parent company reported a fourth-quarter profit decline of 12.2 percent—a consequence of the group’s inability to make up for continuing drops in print advertising revenue with rising subscriptions and digital advertising.

Posted on Feb 2, 2012 READ MORE  |  8 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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