NY Times Earnings a Bright Spot for Papers

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While it’s no Google, the NY Times reported stronger earnings:

Total revenues increased 2.0 percent to $754.4 million from $739.6 million. Advertising revenues decreased 0.1 percent; circulation revenues increased 3.9 percent; and other revenues rose 11.5 percent.

However there’s a mixed picture there and the company said “visibility on the fourth quarter remains limited.”

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From a global survey conducted by Harris this year and presented at the World Assn of Newspapers Conference:

“What do you think causes some people not to want to read a newspaper on a regular basis?”

The following were the top responses from each country surveyed:

  • US: Lack of time to read the newspaper
  • GB: Biased or too narrow of a viewpoint in its reporting
  • FR: Lack of time to read the newspaper
  • ITA: Easier to go online for news and information
  • SPA: Biased or too narrow of a viewpoint in its reporting
  • GER: Lack of time to read the newspaper
  • AUS: Lack of time to read the newspaper

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