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Drop in 'New York Times' ad revenue contributes to slump in company profits

THE suffered a 16.4 per cent drop in June advertising revenues and warned yesterday that the effects of high oil prices, a slowing economy and the housing crisis were likely to weigh on its prospects for some time.

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New York Times Examines Potential For Cost Savings In Obama's Health Plan

A promise from presumptive Democratic presidential nominee Sen. Barack Obama (Ill.) that his health care proposal would reduce health insurance premiums for the average family by $2,500 "is one of the most audacious promises in a campaign that has been thick with them," the New York Times reports.

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NY Times publishes “Uprising against the Ethanol Mandate”

In an article titled “Uprising Against the Ethanol Mandate”, the New York Times profiled the fight led by Texas Governor Rick Perry to reduce the ethanol mandate to 4.5 billion gallons in 2009. Governor Perry told the Times that the grain used for fuel would be better used as livestock feed. Uprising against the ethanol [...]

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High-and-Low New York Essentials The New York Times 7.24.08

It's no surprise that Alisa Grifo, owner of the super-cool SoHo shop Kiosk has great taste. In this week's Shopping With... feature from The New York Times, Alisa shares her ideas for a range of uni

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Modern Hamptons Home, Half Underground The New York Times 7.24.08

Karin Waisman and Carlos Brillembourg built a narrow house on a narrow lot in Southhampton. The sparsely furnished home takes advantage of vertical space and is nestled into the ground to add square

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Modernizing Traditional Chinese Homes in Beijing The New York Times 7.24.08

With the vast number of historic buildings being razed for the rapid growth of Chinese cities, a growing number of foreigners are investing in centuries-old, traditional Chinese homes. The New York

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Extra! Extra! Credit Concerns at New York Times!

The NYT front page does not include a story about its credit default swaps. (nytimes.com) Shares of New York Times Co. are down 4%, but the newspaper giant’s credit outlook is more worrisome to investors. After the company reported lousy results after Wednesday’s close, Standard & Poor’s said it is facing a potential downgrade, which would [...]

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Ad sales drop 16.4% at New York Times

The New York Times suffered a 16.4 per cent decrease in June advertising revenues and warned that the effects of high oil prices, a slowing economy and the housing crisis were likely to weigh on its prospects for some time

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New York Times: Meltdown Nearly Complete

The wonderfully managed New York Times Company just reported an 82% drop in profit for the second quarter. Meanwhile, print advertising revenue continued to shrink... Revenue dropped 6 percent to $741.9 million, missing the average Wall Street estimate for $754 million. Ad revenue slipped down 11 percent, hurt mostly by fewer classified ads. Look at the bright side: revenue only missed by $12

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How Can The New York Times Be Worth So Little?

The huge slowdown in ad dollars has hit The New York Times hard, and now the parent company's stock is worth about half what it was a year ago

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HuffPost's OffTheBus In The New York Times

OffTheBus.net, the online citizen-journalist arm of the Huffington Post, celebrates its one-year anniversary this month. Of all the new political, non-candidate sites to spring up during the last year, OTB is now probably the biggest, with 7,500 citizen correspondents. Through its growing pains, it continues to develop the technological and organizational know-how to become a force in journalism even...

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Rice Meets North Korean Counterpart in Singapore - New York Times

New York Times - 3 hours agoBy HELENE COOPER WASHINGTON - Secretary of State Condoleezza Rice met with her North Korean counterpart on Wednesday for the first time, and personally prodded the Pyongyang government to move quickly to dismantle its nuclear arms program. Aljazeera.net CNN International

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The Sad Suicide of the NY Times

The writing has been on the wall for the last few years and a stubborn, misguided and solipsistic man who runs arguably the greatest newspaper ever distributed in the United States has failed to read it. While a strange, alternate media has grown in influence, his former behemoth that dictated American popular opinion on numerous news issues has fallen by the wayside in spectacular fashion: That

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Revenue at New York Times Co. Drops 10%; Internet Revenue Up

New York - The New York Times Co. (NYSE: NYT) announced on Wednesday that in June its total company revenues from operations decreased 10% compared with the same month a year ago. read more

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NY Times Rejects McCain Op-Ed

We know that John McCain had an Op-ED rejected by the New York Times. What is not more commonly known is that John McCain also had several political cartoons rejected by the OP-ED editorial board at the New York Times. Zencomix was able to obtain copies of the cartoons in question. Here’s McCain’s first submission. New York Times op-ed editor David Shipley wrote in an email to McCain’s staff, “It...