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New York Times reports 2 years of declining revenue
 More feel goodery about another media empire that is crumbling.The New York Times Company [$NYT] reported second quarter 2013 earnings 48% below last year's quarter due to severance and other "special" items but digital paid subscriptions rose 40%. In other words, digital paid subscriptions can't float the bottom line. If Pinchie hurries he can get as much as Bezos paid for WaPo... Posted by: badanov 2013-08-07 |
| http://www.rantburg.com/poparticle.php?ID=373471 |