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Originally Posted by GarthB
Let's see, the NYT, with 116 Pulitzer Prizes, more than any other newspater, according to it's SEC filings had increases in both subscription and ad revenues during Q2, 2006, this while much of the media suffered from a decline of ad dollars spent in several of the industry segments, including entertainment and automotive.
You need to get your news from someone other than Bill O'Reilly.
I read the NYT to balance the local neanderthal press. I add Time Magazine and NewsWeeK to the mix and I believe I get a fairly god picture.
(Sources: NYT Q2 Filing and "Seeking Media.")
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Garth,
The NYT has increased circulation and revenues only by trying to sell more subscriptions outside of its home area.
"Falling home-market circulation. Circulation has fallen 16% in the NYT’s home market in this decade, from 665,000 to 556,000, but you can’t find the numbers in the Company’s 10K. Rather, you have to perform some arithmetic gymnastics on old and new 10K’s to uncover these figures about its poor performance in its 31-county home market. The Times has seen its comparable circulation decline by 27% since 1993 (the first year that such figures were available online), when it had a circulation of 758,000. Its current 556,000 circulation places it a dismal number three in its home market behind the Daily News (689,000) and the NY Post (663,000)."
--Rich