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Times Company Profit Falls on Weak Ad Revenue (NY Times)
New York Times ^
| 4/21/11
| Jeremy W. Peters
Posted on 04/21/2011 7:40:35 AM PDT by jalisco555
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To: jalisco555
The newspapers in my area -- Metropolitan Detroit -- are about the same size as the old larger magazines of my childhood;
Life,
Saturday Evening Post, etc.
While a great deal of the size and content shrinkage is no doubt due to the 'new media', I'd like to think that another significant reduction in the revenues to the newspaper publishers reflects their biased reporting and refusal to do investigative journalism the way they did in the past.
21
posted on
04/21/2011 11:10:46 AM PDT
by
DJ Frisat
(How's that change workin' out for ya, Obama voters?)
To: abb
One percent return on revenue. Revenues dropping like a rock or the margin would be even smaller. Newsprint costs soaring; fortunately offset by a drop in circulation. Approximately 60 days operating expenses in cash, with that amount dropping at an annualized rate in excess of 20 percent. Credit lines tapped. Debt service coverage dismal.
I'd love to short their stock, and would too, if only they only weren't such a tempting takeover target to some not-too-bright over-endowed libtard with a hefty inheritance.
23
posted on
04/21/2011 12:14:05 PM PDT
by
Zakeet
(I know Obama is level headed because he drools out of both sides of his mouth at the same time)
To: jalisco555
The company said net income fell 57.6 percent to $5.4 million, compared with $12.8 million in the quarter a year ago.
This is good news. I knew there was a bright side to this dark economy.
24
posted on
04/21/2011 12:16:05 PM PDT
by
PA Engineer
(Time to beat the swords of government tyranny into the plowshares of freedom.)
To: jalisco555
25
posted on
04/21/2011 12:18:05 PM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: jalisco555
The company said net income fell 57.6 percent to $5.4 million,The entire company's net income is lower than that of a decent major league shortstop.
26
posted on
04/21/2011 12:20:58 PM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: jalisco555
Ahhhh...the New York Times. Their new motto is WE SHOT OUR OWN FEET OFF AND NOW WE’RE GOING TO SHOOT OUR HANDS!
27
posted on
04/21/2011 2:04:33 PM PDT
by
blueunicorn6
("A crack shot and a good dancer")
To: jalisco555
Wow, routinely offend half your potential customer base and the revenue drops. Whod have believed it possible? LOL - good one Jalisco - but it's worse. They also flip off lower class dems union guys, inner city blacks, and cross-the-border 'immigrants'. That leaves the New York Times with liberal elites - a group with much power and few members...
To sweeten the pot for advertisers, liberal elites are fashion conscience about consuming too much... besides how many car companies sell the Prius?
28
posted on
04/21/2011 3:14:55 PM PDT
by
GOPJ
(Understanding the Koran: http://www.citizenwarrior.com/2009/05/terrifying-brilliance-of-islam.html)
To: jalisco555
29
posted on
04/21/2011 5:21:28 PM PDT
by
jimbo123
To: abb
For the record, I did not put the sticker on there, but I would like to thank the person that did.
30
posted on
04/21/2011 8:27:23 PM PDT
by
Clay Moore
(The heart of the wise inclines to the right, but the heart of a fool to the left. Ecclesiastes 10:2)
To: jalisco555; abb
‘At the Regional Media Group, which includes local newspapers from Florida to California, the decline was 9.7 percent.’
My paper is one of the Times’s Florida vassals, and conservative Floridians are getting more resistant to he Times’ leftist spin. If they continue to lose money here. perhaps they will sell our papers to local more conservative owners.
31
posted on
04/21/2011 10:16:25 PM PDT
by
Lucius Cornelius Sulla
(Liberty and Union, Now and Forever, One and Inseparable -- Daniel Webster)
To: ken5050
I missed that. Are they completely out from under Slim, now? Who has the loan now?
32
posted on
04/24/2011 7:02:03 PM PDT
by
ConservativeMind
("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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