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The New York Times Gets Life Support

Eric1945 Wrote: Nov 11, 2012 9:22 AM
The NYT's appeal has become so marginalized over the years, plainly due to the publisher's willingness to turn this once fine paper into an ideological rag. Newspapers are having a tough time finding market share as it is in this day and age of digitized news at the drop of a hat, but to narrow the market to a small segment only is the obvious miscue of the owner of the paper. His father would kick his a-- if he could return to life for just fifteen minutes. What a screw-up "pinch Jr" has turned into!
SpaceVegetable Wrote: Nov 11, 2012 12:51 PM
A lesson in irrelevance... People in NY and NJ are still having a rough time because of Hurricane Sandy and the NYT runs an online article about the "Sandy 5" - about people gaining weight because of Sandy. So shallow and pretentious, just like most of their other articles.
Ross83 Wrote: Nov 11, 2012 9:34 AM
good point. And now the people to whom the paper is targeted cannot afford the products advertised int eh paper.

The common stock of the New York Times (NYSE: NYT) plunged from $10.87 last week to a close of $8.19 on Friday after the liberal mouthpiece announced that its 3rd quarter net income dropped 85 percent.

While analysts are blaming soft advertising revenues, I think something more ominous is happening at America’s national, bleeding-heart newspaper.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday with a crop of Email and Hate Mail)

For sure, advertising revenues are dropping nationally as economic conditions have deteriorated over the last two quarters.

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