The New York Times Company reported today that pro forma advertising revenue for its Newspaper Group decreased 14.5% in September 2001. Pro forma advertising revenue excludes seven newspapers and nine
telephone directories (divested Regionals) sold in the second half of 2000. In the third quarter of 2001, pro forma advertising revenue for the Newspaper Group was down 14.3%. Results for both
September and the third quarter were adversely affected by the September 11 attacks. In September 2000 and the third quarter of 2000, advertising revenue for the Newspaper Group increased 5.4% and
5.9%, 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.
