The New York Times Company said Thursday it lost $120 million in the second quarter, as income from digital subscriptions failed to make up for a steep write-down of its print newspaper assets.
Business
Jul 21, 2011
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(AP) -- Newspaper advertising in the U.S. has sunk to a 25-year low as marketing budgets followed readers to the Internet, where advertising is far cheaper than what publishers have been able to command in print.
Business
Mar 15, 2011
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Shares in The New York Times Co. soared on Wednesday on a resurgence of rumors that Mexican billionaire Carlos Slim may increase his holdings in the newspaper giant.
Business
Sep 8, 2010
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