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NY Times: Nov. Was So Terrible, Even Our Internet Ads Were Down (Dinosaur Media DeathWatch™)
http://mediamemo.allthingsd.com/20081224/new-york-times-november-was-so-terrible-even-our-interent-a ^ | December 24, 2008 | Peter Kafka

Posted on 12/24/2008 6:12:18 AM PST by abb

Earlier this month, executives at the New York Times (NYT) warned investors that they had a miserable November. They weren’t kidding.

The grim details are here, but I’ll save you some time:

* Revenue was down 13.9%, an acceleration from October’s 9.4% drop. * Ad revenue was down 20.9%, an acceleration from October’s 16.2% drop. * The really awful news: Internet ad revenue and overall Internet revenue actually declined in November, down 3.8% and 2.6%, respectively.

In the good old days of 2007, the Times could at least say that while print revenue growth was slowing to a halt, Internet ad sales were growing quickly. By last month, the best thing you could say about Internet revenue at the Times was that it was still growing.. a little bit. Now that’s gone, too.

For the record, the Times says that it was still able to register “moderate” display ad growth at its newspapers, but that its online classifieds and real estate ads had gotten crushed, for obvious reasons. And over at About.com, which until now has been the bright spot on the Times’ financials, display ads shrank, wiping out out “moderate” growth in cost-per click ads.

And expect more of the same in December and in 2009. Martin Nisenholtz, the Times digital boss, has already warned investors that the “softness in November” would “accelerate.. into December” and that “next year is going to be a different year, by a fairly profound margin.”

Per usual, the one bit of good news in the Times’ numbers is that its readers continue to value its publications enough to pay for them: Circulation revenues increased 4.2%. But if the Times can’t convince advertisers to pay, too, that’s not going to matter. Happy holidays!


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2008review; 4thestate5thcolumn; ads; advertising; biasmeanslayoffs; dbm; isvestia; msmdeathwatch; newspapers; nytimes; pravda; trysellingthetruth
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To: Will88

Not likely, in my opinion. But that won’t prevent them from trying.


21 posted on 12/24/2008 6:45:31 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

I think it appropriate that Peter Kafka has written this piece.


22 posted on 12/24/2008 6:46:44 AM PST by Zuben Elgenubi
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To: abb

We could always start a rumor, false but accurate, that clicking on a NYT link corrupts your computer.


23 posted on 12/24/2008 6:48:54 AM PST by Carley
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To: abb
Hmmm -- you don't think it has anything to do with the content, do you?

... Nah ...

24 posted on 12/24/2008 6:53:46 AM PST by CWW (Palin & Jindal in 2012!!)
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To: abb
The Ny Slimes's Core Objective:

BETTER RED AND DEAD, THAN READ!

25 posted on 12/24/2008 6:56:57 AM PST by Grampa Dave (Does Zer0 have any friends, who are not criminals or foriegn or domestic terrorists or both?)
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To: Grampa Dave

The NY Times Company may not make it to the end of the decade. This newspaper collapse is occurring a bit faster than I thought it would.


26 posted on 12/24/2008 7:00:32 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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Maybe if they told the truth like Rush and Sean they would see more money coming in. Just a thought, I know they’d never take that advice.


27 posted on 12/24/2008 7:03:02 AM PST by NeoConfederate
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To: abb

http://www.forbes.com/2008/12/24/newspapers-advertising-nyt-biz-cx_db_1224times.html?partner=yahootix
Bad Times: NYT Says Revenue Fell 13.9% Last Month


28 posted on 12/24/2008 7:05:10 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

29 posted on 12/24/2008 7:17:44 AM PST by GalaxieFiveHundred
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To: abb

Let me live long enough to see these papers ground into dust.


30 posted on 12/24/2008 7:25:23 AM PST by onedoug
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To: abb

http://www.nytimes.com/2008/12/24/business/media/24paper.html?_r=1&ref=todayspaper
Washington Post and Baltimore Sun Will Share News Content

http://www.baltimoresun.com/business/bal-bz.share24.1dec24,0,6458086.story
Sun, Washington Post to share stories, photos

http://www.nytimes.com/2008/12/24/technology/24kindle.html?ref=business
Turning Page, E-Books Start to Take Hold


31 posted on 12/24/2008 7:43:42 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Will88
I was thinking the same thing. After all, we can't let the "paper of record" fail now can we?

NYT is a disgrace. Not a newspaper but an instrument of propaganda for the liberal wing of the Democrat party.

32 posted on 12/24/2008 8:05:30 AM PST by LimaLimaMikeFoxtrot ("If you don't have my army supplied, and keep it supplied, we'll eat your mules up, sir"-Gen.Sherman)
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To: abb

I’m hoping for a final memorial service for the Slimes before the decade is over.

The Madoff Ponzi scheme may take out a lot of Slimes behind the scenes financial helpers.


33 posted on 12/24/2008 8:05:41 AM PST by Grampa Dave (Does Zer0 have any friends, who are not criminals or foriegn or domestic terrorists or both?)
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To: raybbr

I actually laughed out loud when I got to “thank you.”


34 posted on 12/24/2008 8:07:41 AM PST by LimaLimaMikeFoxtrot ("If you don't have my army supplied, and keep it supplied, we'll eat your mules up, sir"-Gen.Sherman)
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To: astounded
Well, my drop in the bucket has been to lock out MSNBC from my TV remote.

It somehow makes me happy that I can't watch MSNBC for one second even by accident.

35 posted on 12/24/2008 8:12:13 AM PST by LimaLimaMikeFoxtrot ("If you don't have my army supplied, and keep it supplied, we'll eat your mules up, sir"-Gen.Sherman)
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To: abb

Hmmmmmm. Nobody’s buying BS anymore. Let’s just call it a market correction. Now THAT is a fairness doctrine that I can support.


36 posted on 12/24/2008 8:22:25 AM PST by Juan Medén
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To: abb

37 posted on 12/24/2008 8:24:00 AM PST by pabianice
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To: abb

Aint it great to watch the print media die?
December 12th, 2008
By Kevin “Coach” Collins
www.collinsreport.net

I wasn’t alive in 1945 when the news came that Adolph Hitler went room temperature, but I know there was great joy across America when we heard it. Hitler was an enemy. Joy was a fitting response to his death.
Ordinarily the death of anyone should be sad news, but a particularly vicious enemy’s death is cause for an exception. The impending death of the print media in America is such an exception. The media’s allegiance to itself instead of the truth or - God forbid- America is very clear.
During the Civil War General William Sherman complained, “”I hate newspapermen…. I regard them as spies….”

In World War II the Baltimore Sun revealed the Navy had cracked the Japanese Navy’s code which put us all in danger.

In 1968 in spite of our major military and psychological victory over the Viet Cong at the Tet Offensive, Walter Cronkite proclaimed “We have lost the war.” His traitorous lie cost thousands of American lives.

Remember that skunk Bernard Shaw’s refusal to be debriefed because he “didn’t want to take sides” during the First Gulf War?
The media stabbed us in the back by doing no examinations of Barack Obama. They lied and hid what they knew and never asked Obama a hard question. They are now, but so what; the damage is done.
Now the news is the print side of America’s media is dying. Is this cause for celebration? You’re damned straight it is! Their lies and traitorous conduct earns them no sympathy.
If without being forced into it, they had occasionally told the truth about crooked Democrats instead of being their PR arm, maybe they wouldn’t be dying, but they never did. Bye bye fellas: don’t let the door hit you in the ass on the way out!

Saying anything to elect Obama

The media sold its soul to Obama in return for his signing the so called Fairness Doctrine. They are now in a very tight bind. Their last bit of credibility was burned to feed the barn fire of support for Obama, but the Blagojeveich case has their nuts in a vice – ain’t it great to watch?
What we know about Blagojevich at this point is obviously just the tip of the iceberg the good ship Barack Obama will be sailing into.
The “smart” liberal money is insisting The One won’t be splashed with Blogojevich mud. This is another example of the linear thinking of the defective liberal brain. Liberals by definition are not capable of thinking about anything they can’t see except bribe money wired to an off shore account. They do not understand dynamic scoring. They can not grasp the value of anything beyond two and two is four. They don’t understand the peripheral value of things that happen in the public arena so the media’s insisting this won’t hurt Obama is very predictable. Of course it will hurt Obama. His name won’t appear in the caption of an indictment, but this will cost The One his moral grounds.
The media sold its soul to Obama in return for his signing the so called Fairness Doctrine. In their plan, the media would get Obama elected ( to hell with truthful reporting) and he would sign the bill that would in turn destroy the new media, something the old media can’ do on its own in a fair market.

The beneifit for America

The One will lose his phony undeserved image as a squeaky clean reformer. That will make it harder for him to get things done. He will be forced to use his political chips to pass other items, much farther up the list. This will include the Democrat/union thug scheme to unionize the entire nation. He will find it harder if not impossible to spread his chips far enough to successfully pass the unFairness Doctrine and closing Guantanamo Bay. These are all great victories for us. Let’s enjoy them and let them warm us in these cold months of this Winter. The Spring is looking better all of the time.


38 posted on 12/24/2008 9:17:17 AM PST by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Milhous; Grampa Dave; LS; conservatism_IS_compassion
http://newsosaur.blogspot.com/

Net beats papers as top news source

http://people-press.org/report/479/internet-overtakes-newspapers-as-news-source

Internet Overtakes Newspapers As News Source


39 posted on 12/24/2008 9:46:38 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb
Merry Christmas to all my friends on the Dinosaur Media DeathWatch™ ping list!!

Thanks, and Merry Christmas to you too. Thanks for all the effort you put into rounding up these stories each day. How many are on your DeathWatch list now?

40 posted on 12/24/2008 10:23:31 AM PST by MovementConservative (Merry Christmas.)
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