• April 17, 2001

The New York Times Company has reported that pro forma advertising revenue for its Newspaper Group decreased 9.0% for March 2001. Pro forma advertising revenue excludes seven newspapers and nine telephone directories (divested Regionals) sold in the second half of 2000. In the first quarter of 2001, pro forma advertising revenue for the Newspaper Group decreased 6.6%.

In March 2000 and the first quarter of 2000, advertising revenue for the Newspaper Group was particularly strong, increasing 11.2% and 15.3% respectively (excluding the divested Regionals and the Worcester Telegram & Gazette (T&G) acquired January 7, 2000).

Beginning in 2001, advertising revenue and volume information for The Boston Globe and the T&G have been reported as the New England Newspaper Group.