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The New York Times Is Now Supported by Readers, Not Advertisers -- Daily Intel by Decius at 1:08 pm EDT, Aug 1, 2012 |
Advertising revenue continues to sink at the New York Times Company, which reported a second-quarter net loss of $88.1 million today. But a glimmer of hope can be seen in circulation revenue, which has actually gone up through print subscription price increases and the online paywall.
If the people pay for the press then the press will serve them. |
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