May ad revenue for The New York Times Company (NYT) was off almost 13%. The company’s properties in Boston, including the Globe had a 17.7% advertising fall-off.
Internet revenue for the newspapers grew slower than the industry, increasing. 14.2%
Ad sales at the company’s About.com online division was up 13.7%.
Online sales for the company are not running at a rate to come close to covering for falling print revenue
Douglas A. McIntyre
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