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Posted: 1/24/2006 5:56:12 AM EDT
Looks like readers are not reading as much liberal propaganda!!! VOTE WITH YOUR POCKET BOOK!!!

AC

NEW YORK - The New York Times Co. said Tuesday its fourth-quarter earnings fell 41 percent from the same period a year ago, weighed down by charges for staff reductions and an accounting change.


The Times, which also publishes The Boston Globe and the International Herald Tribune, earned $64.8 million or 45 cents per share in the three months ending in December, compared to $110.2 million or 75 cents per share a year ago.

The earnings included a charge of 19 cents per share for staff reductions and an accounting charge of 4 cents per share. The earnings came in above guidance the Times gave in December, which the company attributed to stronger-than-expected growth of 8 percent in advertising at its flagship newspaper for the quarter.

However, advertising revenues fell 3.8 percent at the Globe and other New England products in the quarter, which the company attributed to sluggish demand for auto, home furnishing and other ad categories as well as consolidation of key advertisers.

Overall revenues rose 3 percent to $931 million in the quarter, or 1.1 percent if the acquisition of the online company About.com is excluded from results.

The Times also said it would raise home delivery rates by 4 percent effective Feb. 6, resulting in new revenues of up to $8 million this year. In the fourth quarter of 2005, revenues from circulation fell 2.3 percent.

news.yahoo.com/s/ap/20060124/ap_on_bi_ge/earns_ny_times_1
Link Posted: 1/24/2006 5:58:40 AM EDT
IT'S ALL BUSH'S FAULT!!!!
Link Posted: 1/24/2006 5:59:09 AM EDT
Here is one time where I think Bill O'Riely actually had something to do with the results. He hammers the Times almost every show.
Link Posted: 1/24/2006 6:03:24 AM EDT
Could it be that lib-tards are actually waking up to BS they have been smelling from that rag??
Link Posted: 1/24/2006 6:05:12 AM EDT
Couldn't happen to a nicer group of sheeple.



- CD
Link Posted: 1/24/2006 6:08:11 AM EDT
Link Posted: 1/24/2006 6:11:06 AM EDT
The Internet making newspapers obsolete probably has more to do with lost profits than people rebelling against the liberal machine. But I'm sure that's also part of it.
Link Posted: 1/24/2006 6:24:40 AM EDT
A 41% drop is life altering in the biz world. I wonder if it will have the same effect in the Urinelizm realm.

I do wonder how much of the drop can be attributed to the increases from 2004 that were the result of George Sorros elections.


No matter, kick the libtards while they are down.


Then go back for seconds
Link Posted: 1/24/2006 6:28:36 AM EDT
The ironic part is all the socialists writing for the rag don't realize that their heads are on the chopping block for the good of the wallet of the owner.

Link Posted: 1/24/2006 6:45:33 AM EDT
Sounds like the libtards that work there are stupid. They are well on the way to lying, cheating, and distorting themselves out of a job.

Breaks my heart....NOT!



Link Posted: 1/24/2006 1:05:57 PM EDT
What is that called when you continue doing the same thing the same way but expect
different results? Stupid?

That's right... keep going farther and farther to the left and more anti-American and just watch your centrist customers go away. Someone must have a lot of money to burn.

Link Posted: 1/24/2006 1:16:25 PM EDT
attributed to sluggish demand for auto, home furnishing and other ad categories as well as consolidation of key advertisers.


In newspeak this means that they have lost their subscribers/advertisers due to being to left leaning.

So now they want to raise subscriotion rates to make up for it.
Well, if you find yourself just reading the funnies and using the rest to drain your egg rolls when the rate increases my guess would be that these folks would drop their subscription.

Make sense to you folks?
Link Posted: 1/24/2006 1:45:40 PM EDT
It's a beautiful thing.

Link Posted: 1/24/2006 1:49:08 PM EDT
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