RSS Feed
July 26th, 2012 
FAKE NEWS for the Zionist agenda 
The digital paywall The New York Times put into effect in March 2011 continues to gain traction. Approximately 532,000 people now subscribe, up 13% from the paywall’s one-year anniversary in mid-March, according to The New York Times Company’s second quarter earnings report, released Thursday.
The company contributes the uptick in circulation primarily to the latest tightening of its paywall. Non-subscribers can now only read 10 articles per month; during the first year, they were able to read 20 per month. Digital subscriptions cost between $15 and $35 per month.
The paywall’s growth, along with an increase in home-delivery and weekday single-copy prices, led to an 8% increase in circulation revenues for the quarter, which offset a continued decline in both print (-8%) and digital (-4%) advertising. The ad declines were led by declines in display and cost-per-click advertising at the About Group, which produces an ever-expanding catalog of guides on topics ranging from lawn care to magic tricks. Overall revenue growth was about 1% year-over-year.
The New York Times Co. reported an operating loss of $143.6 million for the quarter, attributed largely to a $194.7 million non-cash writedown for the About Group. In the same period a year ago, the company reported an operating profit of $31.5 million.
Photo courtesy of iStockphoto, LivingImages
Related posts:
Views: 0
Posted in 
Tags: 
