Skip to comments.Ad Sales Drop Cause New York Times Profits to Collapse 54%
Posted on 07/29/2014 9:43:54 PM PDT by Zakeet
The Financial Times reports that a drop in ad sales at the New York Times caused the left-wing newspaper's profits to collapse 54% in the second quarter of this year.
A fall in advertising revenues and stepped-up investment in digital products outweighed rises in digital subscribers and circulation revenue at the New York Times, sending headline profit 54 per cent lower in the second quarter.
(Excerpt) Read more at breitbart.com ...
It's because of all that cold weather caused by global warming ...
I’ll chime in before the lefties do - Bush’s fault or the white men aren’t working with Barack. It’s always someone else’s fault with lefties.
Pinch will enjoy his regular Thursday chat with Mr. Slim.
> The Financial Times reports that a drop in ad sales at the New York Times caused the left-wing newspaper’s profits to collapse 54% in the second quarter of this year.
Siding with and lying for a Marxist traitor president that wants to destroy the U.S. and not The People is not a good business strategy. Got it?
The NYT needs to make the transition to 100% Spanish language publication ASAP.
Let them fail. Their tears will be delicious.
“NYT” redirects here. For the theatrical organization also known as NYT, see National Youth Theatre.
Considering that the average American gets their news off the internet, Ipad, or other digital devices why would anybody spend their dollars on print advertisement?
What's important is that it serves as the propaganda organ of the left, from whence the rest of the msm takes its cues.
They should take the advice the editorial staff peddles for the country, raise the costs of those who pay the bills. Double ad prices and raise the price of each paper. It’s time to right the ship and get back to flush times!
Only those drooling in cups still get their news from waded up paper out of the gutters.
I hear that! My dad thought the sun rose & set on the front page of the NY Times. But I’ll be glad to see it go.
The damage they have done, for decades, even during my father’s lifetime is incalculable.
My father was very conservative and I’m sure he saw through their nonsense, but I don’t think he really appreciated the ill effect that has on others.
Can’t blame him for that, I never realized it until recently.
The only ads I encounter each day are on the Drudge Report or the Yahoo home page when I sign in.
With the expansion of the internet people are choosing news and facts over propaganda.
“With the expansion of the internet people are choosing news and facts over propaganda.”
Yes, their operating model doesn’t fare well in the Internet age, where even control of most Internet news has alternatives one click away for the general public.
besides putting down paper for the puppy to pee on, I don’t know anyone would buy a paper these days
Well, not exactly. When Pinch cannot pay payroll, what do you think the unions will do?
Yes, the dreaded “polar vortex”...
Too left to fail.
Ah yes, the “paper of record” that endorsed both Walter Mondale and Mike Dukakis...
It’s hard to say whether a gruesome death by Timothy McVeigh or a slow, painful death by the free market would be better for the NYT. Either is fine.
But does the drudge report smell like dirty day old wet paper from sitting in the gutter?
They’ll figure out a way to keep it going. If not Pinch, then someone else. It’s TITF (too important to fail)
“Let them fail. Their tears will be delicious.”
Unfortunately, I’ve been reading about the Slimes double digit losses in ad revenue for at least ten years and yet, there they are, still spewing out their Leftist pap unabated. I am just wondering how long it will be before it really has to close it’s doors? They seem to be like the government, despite mounting debt, they are able to kick their own can down the road and stay in business.
As these papers like NYT and WaPo start finally dying the painful death they deserve the fitting outcome is not for them to just gracefully disappear, but for their editors and new manufacturers to be scorned, humiliated and shunned in the process.
I have also found several instances where AP makes up stories from whole cloth. Literally, fiction being reported as a news event.
Good...may they drop to 0.
I hope so; I fear they will be re-tooled to simply spew the leftist bile online (where they may find the audience they lost in the print media).