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The New York Times Company reported that its net income fell 52 percent in the third quarter, but that advertising growth improved in late September, the New York Times writes. The New York Times Media Group, which encompasses NYTimes.com, The New York Times, The International Herald Tribune, and two New York City radio stations, reported a 1.2 percent increase in revenue thanks in part to higher advertising rates. The New England Media Group - including The Boston Globe, The Worcester Telegram and Gazette, and Boston.com - saw a 2.9 percent decline in revenue.
At About.com, which the Times Company acquired in March, advertising revenue increased 67 percent, for a total revenue of $14.2 million.
Arbitron has reached a settlement with the State of New York, in a move that will resolve all claims against Arbitron that were alleged in the lawsuit filed against the company by the NY Attorney General relating to the marketing…
The new ads running below the fold on the front page of The New York Times sell for $75,000 on weekdays and $100,000 on Sundays, the New York Post reports.
The New York Times began selling advertising below the fold on…
Angered by a London bus advertisement that sent her to a website where she was told that she was going to hell, to spend all eternity in torment, comedy writer Ariane Sherine decided to launch a counter-campaign.
She began raising…
Apple’s iTunes Store is set to significantly shift its approach to selling songs online, including dropping copying protection (digital rights management, or DRM) and introducing a new pricing plan, reports the Wall Street Journal.
Rather than the standard 99 cents…
Online spending in several key categories, including Sports & Fitness and Video Games, increased and outperformed offline spending during the 2008 holiday season, while overall online and offline spending in other home and luxury-goods categories decreased across the board, according…
Walgreens December sales of $6.1 billion were an increase of 10.8% from $5.5 billion for the same month in 2007, the company announced. Same-store sales rose 4.9%, while comparable store front-end sales increased 0.4%.
Walgreens transactions in comparable stores increased…
