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- AT&T Sends Controversial ‘American Idol’ Text Message
- Synthetic Blood Drink Sells out in Vending Machines
- TV Universe Loses 1.5M Due to Digital Transition: DTV Transition News, Updated 10-15-09
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Search Gone Wild!
Find Out Why in Oneupweb's Eye Tracking Study on Google's Real-Time Results.- ‘The Daily Wrap:’ 84 Lumber, Wal-Mart, Marks & Spencer
- Lowe’s Plans New Canadian Stores - Update
- How Retailers Should Appeal to Women
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- Behind the Curve: Week Ended March 19, 2010
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- Top 10 Print Media Websites - February 2010
NYT Co. Profit Plummets 39.2 Percent; Belo Down 13 Percent
The New York Times Co. reported today that third-quarter 2006 profit plummeted 39.2 percent.
Operating profit was down 48 percent from the same period last year and total revenues slipped 2.4 percent, writes Editor & Publisher. Total ad revenue was down 4.2 percent.
Meanwhile, newspaper and television station owner Belo Corp. reported that third-quarter profit dropped 13 percent. Total revenue gained 0.8 percent, including a 6.9 percent rise in television group revenue and a 4.2 percent drop in newspaper group revenue.