Black Early Voting Turnout for Hillary Drops, Raising Anxiety of Campaign | Main | Marc Rich Pardon Enabler and Current DOJ Overseer of Hillary Email Investigation... Was Feeding Hillary Campaign "Heads Ups" About Email Investigation While a Justice Department Employee
November 02, 2016

New York Times Reports Slight Fall in Quaterly Profit -- Falling 95.7%

In an election year!

On the plus side, they still had a profit. Which is rare for a newspaper these days.

The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.

Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.

Revenue fell to $363.6 million from $367.4 million.

The company, struggling to transition to digital, said online ad revenues grew 21.5 percent and now account for more than 35 percent of its advertising receipts.

But that increase failed to offset an 18.5 percent drop in print ad revenues -- a situation faced by most traditional newspaper publishers.

Some idiot spokesthing for the New York Times said something like "This just goes to show the New York Times has a great story to tell in digital advertising."


digg this
posted by Ace at 12:41 PM

| Access Comments




Recent Comments
hogmartin: "[i]My bad. Posted by: Bitter Clinger at July 15, ..."

CMU VET: "Well, you can't beat that. ..."

mallfly the Peach of Hoboken: "that's a funny photo. was she taking shooting less ..."

Bitter Clinger: "Did I overlook where this was discussed in the thr ..."

AlaBAMA: "367 I like men who are sure of themselves and secu ..."

Guzalot: "317 I guess I'm part of the very narrow portion of ..."

Miley, the High Duchess [b] [/b] [i] [/i]: "Cunning linguistics? Posted by: Calm Mentor at ..."

hogmartin: "[i]back on this topic's actual topic, what is a Bu ..."

Miley, the High Duchess [b] [/b] [i] [/i]: "Cooking dinner and painting her toenails for her. ..."

Calm Mentor: "You know, stimulating tricks. Posted by: Miley, t ..."

ALH: "I like men who are sure of themselves and secure i ..."

CMU VET: "It's not "up my sleeve." ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64