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As The NYT Shrinks, The Internet Now Brings Nearly A Quarter Of Its Advertising Revenues (TechCrunch)

Technological Marketing
Posted in October 22nd, 2009
Published in Advertising
It was another bleak quarter for the New York Times, which keeps on shrinking. The New York Times announced third quarter earnings this morning. Total revenues were down 17 percent to $571 million. Of that advertising revenues decreased 27 percent to $291 million, and the online advertising portion was down 8.2 percent to $68 million. The earnings report follows yet more newsroom cuts of 100 ...
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