New York Times Co. operating profit more than doubles in 2Q

New York Times
Times Co. second-quarter operating profit rose to $60.8 million from $23.5 million, while earnings per share from continuing operations increased to 18 cents from 8 cents in the period a year earlier. Circulation revenue grew, and a double-digit increase in digital advertising helped offset a decline in print advertising, reports Jeremy Peters. || Read the Times' release.
> CEO predicts print ads will move up again in 3Q

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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