New York Times' earnings and stock value down

Stop the New York Times ^ | September 22, 2006 | editors

[Sergeant Tim]

NEW YORK (Reuters) - The New York Times Co...on Thursday forecast sharply lower third-quarter earnings because of a "challenging" print advertising market, sending shares down nearly 5 percent in after-hours trading... The publisher of The New York Times newspaper and the Boston Globe forecast earnings of 8 cents to 10 cents per share, compared with 16 cents in the same quarter last year... The print advertising market has been very challenging during July and August and remains so in September," Chief Executive Janet Robinson said in a statement.

Challenging? Sounds to us like she meant to say depressing. Take a look at this chart:

Yet we are happy to see that it is working. Please keep passing the word TO HELP DRIVE IT DOWN!

[Petronski]

Pinch's Pleasure Dome

Please don't use that expression. It makes me vomit a little bit in my mouth.

[Petronski]

...the old gray lady...

Ahem. I don't mean to be rude, but maybe you mean

[onevoter]

" are you in a "desirable" demographic."

I have a friend who was receiving Newsweek regularly even though they didn't subscribe. This couple is very well off and donates heavily to the Republican party. I agree that a good share of these "freebies" are geared toward manipulating the "desirables."

[Neverforget01]

I couldn't be happier. Just goes to show being an enemy to your country never pays.

[sono]

This might suggest the Slimes problem.

[aligncare]

It's wonderful to be here for the demise of the "Old Grey Lady"...the treasonous slut.

With all that has happened over the last 5 years, it's telling that the New York Times was most outraged by Abu Grab...as revealed by it's breathless coverage of the incident - over 50 front page stories!

Remember: Beware the Media - Industrial Complex!