Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


N.Y. Times Co. revenue dips in second quarter

Published on .

New York—The New York Times Co. said Wednesday that its total revenue for the second quarter decreased 6% to $741.9 million, from $788.9 million in the year-earlier quarter.

Advertising revenue declined 10.6%, while circulation revenue rose 2.5%. Total Internet revenue increased 12.8% to $91.3 million, and Internet advertising revenue grew 18.3% to $80.5 million.

“During the quarter, we saw the continued effect on our businesses of the U.S. economic slowdown and secular forces playing out across the media industry,” Janet L. Robinson, the company’s president-CEO, said in a statement. “Print advertising continued to soften during the quarter, particularly in the classified areas. At the same time, circulation revenue rose 2.5% to a second-quarter record of $224 million.”

—Sean Callahan

Most Popular
In this article: