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October 19, 2006
Treason doesn't pay
The New York Times Co. reported Thursday that its third-quarter 2006 profit from continuing operations plunged 39.2%.
At the New York Times Co., 3Q operating profit was down 48% from the same period in 2005 to $20.5 million on total revenues.
The Times Co. said it earned $14 million, or 10 cents per share, compared with $23.1 milion, or 16 cents per share, in the third quarter of 2005.
Advertising revenues decreased 5.1% and circulation revenues were down 1.3%.
Of course, they'll blame everything else and anything else, but we know the truth.
Posted by LindaSoG at October 19, 2006 01:48 PM
Comments
Unfortunately, it doesn't cost as much as it should. Just look at Lynne Stewart.
Posted by: Kevin N Porter at October 19, 2006 02:07 PM
Let's hope they keep up the left-wing idiocy so that, like Air America, they'll go bankrupt and we'll finally be rid of the fifth columnists! It would appear they are too stupid to survive their editorial board.
Posted by: Kevin M at October 19, 2006 02:44 PM