Tuesday, January 24, 2006
The NY Times Continues its Slide into Obscurity
Profits at the Marxist New York Times - a far better name for a rag of a paper which uses more Communist Party USA talking points than any sheet in America - continue to slide, slide, slide, slide.
This is just one more piece of evidence that the Left in America continue to become more irrelevant with each passing day.
N.Y. Times Earnings Plunge on Charges
Why would advertisers not want to advertise in a leading newspaper - unless, pray tell, that those advertisers see the paper as a worthless pile of camel dung? Then, obviously, they would take their advertising dollars elsewhere.
Here's hoping that they continue to do so.
Profits at the Marxist New York Times - a far better name for a rag of a paper which uses more Communist Party USA talking points than any sheet in America - continue to slide, slide, slide, slide.
This is just one more piece of evidence that the Left in America continue to become more irrelevant with each passing day.
N.Y. Times Earnings Plunge on Charges
NEW YORK - The New York Times Co. said Tuesday its fourth-quarter earnings fell 41 percent from the same period a year ago, weighed down by charges for staff reductions and an accounting change.
The Times, which also publishes The Boston Globe and the International Herald Tribune, earned $64.8 million or 45 cents per share in the three months ending in December, compared to $110.2 million or 75 cents per share a year ago.
The earnings included a charge of 19 cents per share for staff reductions and an accounting charge of 4 cents per share. The earnings came in above guidance the Times gave in December, which the company attributed to stronger-than-expected growth of 8 percent in advertising at its flagship newspaper for the quarter.
However, advertising revenues fell 3.8 percent at the Globe and other New England products in the quarter, which the company attributed to sluggish demand for auto, home furnishing and other ad categories as well as consolidation of key advertisers.
Why would advertisers not want to advertise in a leading newspaper - unless, pray tell, that those advertisers see the paper as a worthless pile of camel dung? Then, obviously, they would take their advertising dollars elsewhere.
Here's hoping that they continue to do so.
