N.Y. Times Leads Newspaper Shortfalls

[ECH1969]

The New York Times is leading the widening slump in the nation's newspaper profits due to rising paper costs and shrinking advertising deals.

The Times, Newsday parent Tribune Co., and McClatchy Co. - which is buying the Miami Herald and its Knight Kidder parent - yesterday reported lower quarterly earnings.

The weak earnings came just a day following a similar gloomy report from the nation's largest group, Gannett, whose papers include USA Today.

http://www.nypost.com/business/62346.htm

[sutz12]

1. Maybe their circulation is dropping

because of all the BS they print. :hide:

[Kolesar]

3. newspapers' circulation is dropping due to the "do not call" list, ...

...preventing telemarketing. They had depending on finding new customers among those who have moved. Rather a shame.

[pretzel4gore]

2. what they lose up front the corporate pig makes up 10x behind the scenes

richard melon scaife gave $350 million to 'conservative' causes and he's richer by far thanks to the results.
a fool (the american people) and his money are easily parted.....

[qanda]

4. Ever since they put the op-eds behind a wall

I rarely even visit their website.

[acmejack]

8. I am the same.

I even stopped doing their crosswords. They can keep their opeds and their lack of credibility and they may sit on whatever election altering news items they wish. But I will not patronize them. Ever. Again.

Nor. Will. My. Dollars. Seek. Out. Their. Advertisers.

[nolabels]

5. They could probably save some money on the ink part if they needed

Plain bird cage liner would look much nicer anyway

Instead of making 30% net profit they are probably only are making 20% net profit and the stock is taking a dive. Like too bad already, take your invested hedge fund money and buy a widget factory somewhere.

[NashVegas]

6. I Can't STAND Their Website's Re-Design

Ugh. ugh. ugh.

[Nomen Tuum]

7. Maybe if the Screw York Times didn't lie for the GOP...

...that also goes for the Whoreshington Post, Lies Angeles Times and Chicago Fibune