Media

New York Times, Another Slow Ad Month In August

There was some good news for The New York Times Company (NYT) in August. Online revenue at its newspapers grew 28.2%. But, its overall audience was 44.2 million unique visitors in the United States according to Nielsen//NetRatings, up approximately 11% from 39.9 million unique visitors in August 2006. So the real increase in revenue per audience rose about 17%, slower than the industry is growing.

Total New Media Group ad reveue fell 4.6% to $121.5 million.Advertising revenues for The New York Times Media Group increased 0.2%. The drop in ad revenue in media was partially offset by and increase at About.com which rose 27% to $7.2 million.

Douglas A. McIntyre

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.