DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - New York Times net profit dips 26 percent

**kSmica** · 02-04-2011, 04:40 AM

http://www.rawstory.com/rs/2011/02/y...ps-26-percent/

WASHINGTON – The New York Times Co. on Thursday reported a 26-percent drop in quarterly net profit as an increase in digital advertising revenue failed to make up for what it lost in print ads and circulation.

Wonder if the Grey Lady will receive another lump of cash from a benefactor sometime soon?

It's too valuable as a propaganda outlet to just go broke and collapse.

Pelosi even suggested federal subsidies at one point.

02-04-2011, 04:40 AM	#1
kSmica Join Date Oct 2005 Posts 631 Senior Member	New York Times net profit dips 26 percent http://www.rawstory.com/rs/2011/02/y...ps-26-percent/ WASHINGTON – The New York Times Co. on Thursday reported a 26-percent drop in quarterly net profit as an increase in digital advertising revenue failed to make up for what it lost in print ads and circulation. Wonder if the Grey Lady will receive another lump of cash from a benefactor sometime soon? It's too valuable as a propaganda outlet to just go broke and collapse. Pelosi even suggested federal subsidies at one point.
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