NYT Co. reports better-than-expected 1Q earnings

Associated Press
The Times earned $12.8 million, or 8 cents per share, in the first quarter. That compares with a loss of $74.5 million, or 52 cents per share, in the same period in 2009. Advertising revenue fell 6.1 percent, the smallest decline in more than a year. Overall revenue fell 3.2 percent to $588 million. || Read NYT's story and the company's release.
> McClatchy reports 3 cents a share profit in 1Q | Release

  • 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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