NY Times April ad revenue drops

(3 posts)
by Daba
18079 Posts
Ready to get things pooping
1 year, 1 month ago
4 years ago

Another bad sign for print publications?

Newspaper publisher New York Times Co said advertising revenue fell 5.1 percent in April, mainly due to weaker classified advertising in its News Media group.

 

Total revenue from continuing operations declined 2.2 percent, compared with the same period a year ago, the company said in a statement.

 

http://www.reuters.com/article/industryNews/idUSWNAS460920080519 

by JSkruck
7 Posts
4 years ago
The most telling thing about that story is that one of the reporters who contributed to the story is based in Bangalore. Yes, even journalists -- actually hundreds and hundreds of positions -- have been outsourced to India.
by Daba
18079 Posts
Ready to get things pooping
1 year, 1 month ago
4 years ago
holy crap. nice point JSkruck.

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