Media Deathwatch: New York Times November Ad Revenue Down 20%

The Patriot Room ^ | December 24, 2008 | Bill Dupray

[Bill Dupray]

In our favorite continuing series on the Decline and Fall of The Fourth Estate, see here, here, here, and here, there is more good news.

The New York Times Co's (NYT.N) November advertising revenue fell 20 percent, the company said on Wednesday, illustrating how the financial crisis is aggravating dizzying revenue declines at U.S. newspapers.

Ad revenue at the publisher's New York Times Media Group, which includes the Times newspaper, fell 21.2 percent from a year earlier because of a drop in real estate and jobs classified advertising. . . .

Total company revenue fell 13.9 percent.

More . . .

[Sarah Barracuda]

HAHAHAHAHAHAHAHAHA Karma, ain’t it awesome

[ThreePuttinDude]

I’d be a happy person, if the NYT’s entire employee base
was on the street, and a part of the unemployed

[Lancey Howard]

Great news BUMP!!

[Sarah Barracuda]

I’d love to see them on the street begging for food with signs saying “Will be unbiased for food”

[genghis]

but they lie
it is better that they just fold up shop and mow lawns for a living

[ErnBatavia]

Old media may be mortgaging the headquarters buildings and laying off people, but they sure as hell have the clout to swing elections.

Hint: November 4, 2008

[mrbillwilson]

Thank you JESUS!

[Bill Dupray]

Merry Christmas to all, and to all a good night!

[webschooner]

Just Die already, Traitor Times.

[GOPJ]

Hey, the New York Times don't care. They don't need no stinkin' advertisers - or readers - or any of that stuff. They gots what matters. They gots them prizes.

And if they're lucky, they can pawn them for a meal soon...

[xtinct]

A Happy New Year would be a news bit showing Mo Dowd carrying her belongings in a cardboard box from the NYT building..