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NY Times Co. 3Q Profit Plunges 39%, Belo Also Down (DeathWatchâ„¢ SE)
Editor & Publisher ^ | October 19, 2006 | E&P Staff and The Associated Press

Posted on 10/19/2006 8:16:01 AM PDT by Milhous

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Circulation revenues were down 1.3%
1 posted on 10/19/2006 8:16:02 AM PDT by Milhous
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To: abb; PajamaTruthMafia; knews_hound; Grampa Dave; martin_fierro; Liz; norwaypinesavage; Mo1; onyx; ..

ping


2 posted on 10/19/2006 8:17:09 AM PDT by Milhous (Twixt truth and madness lies but a sliver of a stream.)
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To: Milhous

http://www.bobbydarin.net/mackie.mp3

Mack the Knife is Back!:

Oh, the shark, babe, has such teeth, dear
And it shows them pearly white
Just a jackknife has old MacHeath, babe
And he keeps it … ah … out of sight.

Ya know when that shark bites, with his teeth, babe
Scarlet billows start to spread
Fancy gloves, though, wears old MacHeath, babe
So there’s nevah, nevah a trace of red.

Now on the sidewalk … uuh, huh … whoo … sunny mornin’ … uuh, huh
Lies a body just oozin' life … eeek!
And someone’s sneakin' ‘round the corner
Could that someone be Mack the Knife?

A-there's a tugboat … huh, huh, huh … down by the river don’tcha know
Where a cement bag’s just a'droopin' on down
Oh, that cement is just, it's there for the weight, dear
Five'll get ya ten old Macky’s back in town.

Now, d'ja hear ‘bout Louie Miller? He disappeared, babe
After drawin' out all his hard-earned cash
And now MacHeath spends just like a sailor
Could it be our boy's done somethin' rash?



Now … Jenny Diver … ho, ho … yeah … Sukey Tawdry
Ooh … Miss Lotte Lenya and old Lucy Brown
Oh, the line forms on the right, babe
Now that Macky’s back in town.

Aah … I said Jenny Diver … whoa … Sukey Tawdry
Look out to Miss Lotte Lenya and old Lucy Brown
Yes, that line forms on the right, babe
Now that Macky’s back in town …

Look out … old Macky is back!!


3 posted on 10/19/2006 8:18:35 AM PDT by Grampa Dave (There's a dwindling market for Marxist Homosexual Lunatic wet dreams posing as journalism)
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To: Grampa Dave

"Oh don't mind me, I'm just peeking in at the N.Y. Times."

4 posted on 10/19/2006 8:22:40 AM PDT by Enterprise (Let's not enforce laws that are already on the books, let's just write new laws we won't enforce.)
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To: Milhous

Man, who says there is no happy, upbeat, postive news anymore!!!!!


5 posted on 10/19/2006 8:23:45 AM PDT by FormerACLUmember
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To: Milhous

Every time the Dow climbs the NY Times stock plunges. Hmmmmm.


6 posted on 10/19/2006 8:25:24 AM PDT by mainepatsfan
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To: Milhous

NooooooOOOOO!!! :)


7 posted on 10/19/2006 8:25:30 AM PDT by Toidylop
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To: Enterprise

That gives new meaning to "Mack the Knife"


8 posted on 10/19/2006 8:25:41 AM PDT by Grampa Dave (There's a dwindling market for Marxist Homosexual Lunatic wet dreams posing as journalism)
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To: Milhous
The New York Times. Less popular with the general public than Bush.
9 posted on 10/19/2006 8:25:55 AM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: Enterprise
Dark sense of humor? LOL

Hope ya don't mind. I just lifted it. Thanks

10 posted on 10/19/2006 8:27:24 AM PDT by Cobra64 (Why is the War on Terror being managed by the DEFENSE Department?)
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To: Grampa Dave

Thank you so much. It's been a long time since I've heard Bobby Darin. He was one of the few "stars" I've seen in person. I think I was 16 or so. And he was touring with Count Basie. What a show! What a talent!


11 posted on 10/19/2006 8:28:03 AM PDT by MSSC6644 (Defeat Satan: Pray the Rosary)
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To: Cobra64

LOL - don't mind at all.


12 posted on 10/19/2006 8:28:30 AM PDT by Enterprise (Let's not enforce laws that are already on the books, let's just write new laws we won't enforce.)
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To: Milhous

More good news. Thanks for the post!


13 posted on 10/19/2006 8:28:53 AM PDT by Recovering_Democrat (I am SO glad to no longer be associated with the party of "dependence on government"!)
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To: Milhous
"The Times Co. said it earned $14 million, or 10 cents per share, compared with $23.1 milion, or 16 cents per share, in the third quarter of 2005. "

YIKES what a losing enterprise you got there, Pinch.

14 posted on 10/19/2006 8:29:37 AM PDT by A Citizen Reporter (Go Cards! Go Cards! Go Cards! Beat the Pond Scum!)
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To: FormerACLUmember

Add in the Air America Banco.....and I am giddy


15 posted on 10/19/2006 8:30:23 AM PDT by Youngman442002
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To: Milhous

16 posted on 10/19/2006 8:31:19 AM PDT by Gumlegs
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To: Milhous
Photobucket - Video and Image Hosting
17 posted on 10/19/2006 8:31:48 AM PDT by b4its2late (I'm not insensitive, I just don't care.)
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To: Grampa Dave
LOL. Extreme density may explain the counterintuitive way America's media bubble keeps slowly sinking in the old tar pit. Mack may see a lot more Red running in the streets after the FAS-FAX Reports come out at the end of the month.
18 posted on 10/19/2006 8:32:34 AM PDT by Milhous (Twixt truth and madness lies but a sliver of a stream.)
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To: Milhous

Stick a fork in 'em, they're done.


19 posted on 10/19/2006 8:34:58 AM PDT by tobyhill (The War on Terrorism is not for the weak.)
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To: Milhous

Good grief. Some of the details are even worst than the headlined plunge in profits. The Times says that some of its losses were associated with job cuts and sale of several subsidiary operations, but get this: "At the New York Times Co., 3Q operating profit was down 48%." So operating profits did even worse than total profits, contrary to the earlier spin.

Also note the figures on expenses for newsprint. They are using 11.1% less newsprint, which I suspect correlates with a similar decrease in circulation.

Also, this: "In the third quarter, the Times Co. repurchased 0.7 million Class A shares at a cost of $15.6 million. Approximately $108.2 million remained at the end of the third quarter from the Company's current share repurchase authorization."

In other words, that dreadful declining chart of the price of NYTimes stock would have been MUCH WORSE if they hadn't been buying back many of the shares that stockholders were unloading.

Of course the stock is worthless, anyway, since it has no voting rights. Only Pinch and his family own any of the voting stock.

It just goes to show you that Communism isn't a very good business model, eh?


20 posted on 10/19/2006 8:46:26 AM PDT by Cicero (Marcus Tullius)
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