New York Times Reports 95.7 Percent Fall in Quarterly Profit...Poor liberal bufoons

Guess their layoff plan is working :palm:



Why the NYT Is Looking to Cut Costs, Even Though It Turned a Profit

Mathew Ingram
Feb 05, 2016

So the good news is that the New York Times turned a profit in its most recent quarter. Not a huge one, mind you, but in the current media environment simply being profitable is an achievement. The bad news? The paper's executive editor announced a new round of restructuring that could result in more layoffs.

But if the Times is profitable, why does it need to restructure? The short answer is that the paper squeaked its way into the black by cutting costs. Revenue isn't growing, despite its immensely successful digital paywall—which now has more than 1 million subscribers—and print advertising revenue continues to decline at a rapid pace.

The paper has also set itself the rather ambitious goal of doubling its digital revenue to more than $800 million in the next five years. If it continues to grow at the rate it did last year, that's going to take a miracle.

story continued at http://fortune.com/2016/02/05/nyt-profit/
 
A few years back they called me and asked me to subscribe. "To your liberal rag?" was my response. They guy started to argue that wasn't the case. lol
 
A few years back they called me and asked me to subscribe. "To your liberal rag?" was my response. They guy started to argue that wasn't the case. lol

I watch Fox all the time.

The Times is a great paper. No doubt that their op ed page is liberal, but their reporting and stories are exceptional.

Your loss.
 
I watch Fox all the time.

The Times is a great paper. No doubt that their op ed page is liberal, but their reporting and stories are exceptional.

Your loss.

So you believed that Hillary Clinton had a 98 percent chance of beating Trump...................LOL the loss is in your brain
 

Are you dumb enough to think the NYT (or any "liberal" paper) is losing profits because of trump?

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When I went to your link I found this:

New York Times profit better than expected due to digital push

The New York Times Co (NYT.N) reported a better-than-expected rise in quarterly profit as a jump in digital circulation revenue helped offset higher operating costs at the newspaper publisher.

The company, which has been grappling with declining print ad sales, marked 2016 as the "investment year" for raising the bar on digital investments, with plans to invest more than $50 million over the next three years to cement its presence outside the United States.

http://www.reuters.com/article/us-newyorktimes-results-idUSKBN12X1HU
 
Are you dumb enough to think the NYT (or any "liberal" paper) is losing profits because of trump?

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I think you're missing where he's going here. Jarod is claiming The NY Times has never been better financially than it is right now. Although it looks like the Times had an impressive first qtr they are nowhere near where they were in the past. Jarod is talking out of his *ss and this is a response.
 
I watch Fox all the time.

The Times is a great paper. No doubt that their op ed page is liberal, but their reporting and stories are exceptional.

Your loss.

I cut the cord long ago. I get my news from Drudge then work out from there. Oh, and my local paper, the Winston-Salem Urinal.
 
After losing 96 percent of your profits anything is better than expected, as the Times IS EXPECTED TO SHUT DOWN OPERATIONS

Better, by definition, means an improvement over a previous situation. It's used to compare two or more things. Like you said, after losing 96%, most anything would be BETTER.
 
I watch Fox all the time.

The Times is a great paper. No doubt that their op ed page is liberal, but their reporting and stories are exceptional.

Your loss.

Their entire paper, apart from sports, ads, and world news is pretty much editorialized with a liberal bent with few exceptions.
 
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