New York Times Ad Revenues Down
May 17, 2001, 12:00 AM
The New York Times Company reported today that pro forma advertising revenue for its Newspaper Group decreased 15.4% for April 2001. Pro forma advertising revenue excludes seven newspapers and nine telephone directories (divested Regionals) sold in the second half of 2000. In April 2000, advertising revenue for the Newspaper Group was particularly strong, increasing 14.6% (excluding the divested Regionals and the Worcester Telegram & Gazette (T&G) acquired January 7, 2000).