NYTimes Reports Print, Media Ad Drop, Net Sales Climb

  • May 22, 2007
The New York Times Co. said its April sales dropped 2.2% in its print groups. Ad revenue fell 3.6% ad total revenue fell to $303 million from $309 in 2006. Ad revenue for the media group dropped due to weakness in auto, drugs, and retail. The New England group fell 3.3%. The only plus: Internet ad sales in all three groups--print, media, New England--climbed nearly 16%.

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