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NY Times Co. 3Q Profit Plunges 39%, Belo Also Down (DeathWatch™ 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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To: Grampa Dave
Did somebody say Miss Lotte Lenya?
"Get your hands off the Lektor."
21
posted on
10/19/2006 8:52:05 AM PDT
by
oyez
( The older I get, the better I was.)
To: Cicero
They are using 11.1% less newsprint, which I suspect correlates with a similar decrease in circulation. It's probably more due to a decrease in the average size of the paper, which would be due (mostly) to a decrease in advertising. Since newspapers make most of their income from advertising, this is good news indeed.
22
posted on
10/19/2006 9:38:41 AM PDT
by
3niner
(War is one game where the home team always loses.)
To: 3niner
Yes, right after I posted I thought the same. Fewer ads, less newsprint needed. But declining circulation, too, I think. They have expanded into all the easier markets, using electronic transmission and local printing plants, and Pinch's current and future expansion plans are pretty desperate.
23
posted on
10/19/2006 9:43:25 AM PDT
by
Cicero
(Marcus Tullius)
To: Milhous
Revenues down
Profits down
Loss on sale of stake in Discovery Chanel.
Next, the geniuses in top management will be building a new headquarters building.
To: Milhous
The sooner the evil NY Times ceases publishing, the safer the USA will be.
To: MSSC6644
Bobby had great talent, was good looking and I don't remember any scandals re him.
26
posted on
10/19/2006 11:38:21 AM PDT
by
Grampa Dave
(There's a dwindling market for Marxist Homosexual Lunatic wet dreams posing as journalism)
To: oyez
Thanks for the laugh and good memories.
27
posted on
10/19/2006 11:39:55 AM PDT
by
Grampa Dave
(There's a dwindling market for Marxist Homosexual Lunatic wet dreams posing as journalism)
To: oyez
"Luv yer shoes, Lotte..."
28
posted on
10/19/2006 11:57:34 AM PDT
by
Pharmboy
("I have more guns than I need, but less than I want." Sen. Phil Gramm)
To: Milhous
So, the newspaper of record continues to tank? Yer breakin' my heart here.
29
posted on
10/19/2006 12:30:54 PM PDT
by
ForGod'sSake
(ABCNNBCBS: An enemy at the gates is less formidable, for he is known and carries his banner openly.)
To: FormerACLUmember
Don't forget 'newsweak' and korans/toilets....
30
posted on
10/19/2006 12:34:34 PM PDT
by
litehaus
(A memory tooooo long)
To: FormerACLUmember
Don't forget 'newsweak' and korans/toilets....
31
posted on
10/19/2006 12:34:35 PM PDT
by
litehaus
(A memory tooooo long)
To: Milhous
Whoa! How can this be? This make it sound like the NYT is a "big business???" Why would all those liberals care about money? Shoot, I'm sure if they made any money they'd just give it all away anyways.
32
posted on
10/19/2006 12:43:41 PM PDT
by
Paco
To: Pharmboy
"Luv yer shoes, Lotte..."
Talk about killer styles.
33
posted on
10/19/2006 12:53:24 PM PDT
by
oyez
(Why is it that egalitarians are such snobs?)
To: Milhous
34
posted on
10/19/2006 1:05:54 PM PDT
by
potlatch
(Does a clean house indicate that there is a broken computer in it?)
To: Paco
bwahahahahaha
I guess when they were reporting all that bad news about the economy they were talking about themselves,
they should follow their own economic advice,
just charge the wealthiest readers more for the paper and give it away to the poor
35
posted on
10/19/2006 1:14:19 PM PDT
by
edzo4
To: Milhous
Sinking ship. Even rats know it's time to jump ship.
36
posted on
10/19/2006 1:24:20 PM PDT
by
rbosque
To: Cicero
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. They recently redesigned the paper to a smaller dimension which probably accounts for much of the newsprint savings. I suspect loss of ad pages was a also big factor.
They're definitely raking water uphill.
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