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.
A daily newspaper designed by News Corp. exclusively for Apple's iPad is available for $40 annually, comparable to what some big-city publishers charge monthly to deliver their print editions.
Online advertising spending in the United States will overtake spending on newspaper ads this year for the first time, digital research firm eMarketer said Monday.
The Washington Post is monitoring efforts by The New York Times and other newspapers to charge readers online but has no plans to do the same for now, the Post Co. chairman said Monday.
Newsweek, the venerable but struggling US magazine, and two-year-old news and blog site The Daily Beast joined forces on Friday in a marriage of print and pixels.
Average daily US newspaper circulation fell 4.99 percent during the six months ending on September 30 compared with the same period a year ago, the Audit Bureau of Circulations (ABC) said.
News Corp. has dropped a digital newsstand project that was part of an ambitious plan by the Rupert Murdoch-owned company to help publishers charge for content online, The Wall Street Journal reported Friday.
The New York Times Co. reported a quarterly net loss on Tuesday as an increase in digital advertising revenue was not enough to offset declines in print advertising and circulation revenue.
The New York Times unveiled a new application for Apple's iPad on Friday, offering it for free, for now, but with plans to start charging for it early next year.
Taking a page from its parent company The New York Times Co., The Boston Globe will begin charging for full access to its website next year, the newspaper announced on Thursday.