InfoAnda - New York Times profit rises, studies Web access charge

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Ally of Iran's Mousavi detained: reformist website | International | | 11 September 2009
AirTran Airways Refuse To Board Nine Muslims | 4 January 2009
American Airlines, Priceline in distribution deal | | 18 January 2011

Wary Christmas looms for music retailers | Entertainment | | 11 July 2009

Forum Views () Forum Replies ()

Read more with google mobile : New York Times profit rises, studies Web access charge | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters New York Times profit rises, studies Web access charge Thu Jul 23, 2009 4:58pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Robert MacMillan NEW YORK (Reuters) - The New York Times reported higher quarterly profit on cost cuts on Thursday, beating forecasts, but advertising revenue fell 30 percent and a recovery for U.S. newspaper publishers still looks a long way off. The Times confirmed it is studying ways to charge for access to its popular website at a time when no clear path has emerged for newspaper publishers to switch primarily to the Internet in a sustainable way. But the company did not address multiple reports that it is trying to sell the money-losing Boston Globe newspaper. It did say it hopes to sell its stake in the holding company that owns the Boston Red Sox baseball team by the end of the year. Many publishers reported similar results this week and their shares have sunk to historic lows as the recession and the trend of readers abandoning newspapers for the Web sucks away precious ad revenue. Publishers have slashed jobs and trimmed expenses, making media watchers fearful over the quality of journalism, but the moves have pleased investors, who have sparked a rally in the sector in recent days. New York Times Co posted second-quarter net income of $39 million, or 27 cents a share, compared with $21.1 million, or 15 cents a share, in the quarter a year ago. Excluding an income tax gain and various charges, its profit of 8 cents a share surprised analysts, who expected a loss of 4 cents a share, according to Reuters Estimates. The Times cut operating costs by 20 percent in the quarter, and said it plans to record $450 million in cost savings this year. Some of that savings is coming from closing its City and Suburban newspaper and magazine distribution unit. Revenue fell 21 percent to $584.5 million on a 30 percent decline in ad revenue. Ad sales at its news media group, which includes its newspapers, fell 32 percent. Online ad revenue, normally a brighter category for publishers, fell 15.5 percent. USA Today owner Gannett Co Inc, Miami Herald publisher McClatchy Co and Richmond Times-Dispatch publisher Media General Inc, all surprised Wall Street with higher-than-expected profits due to expense cuts, but said ad revenue continued to fall. As newspaper ad revenue falls, the Times and many other publishers are exploring ways to charge for Web access, but in a way that will not dent online ad sales or drive away large numbers of readers. It also is cutting labor costs. Earlier this week, union workers agreed to pay cuts and other concessions at the Globe, which will result in $20 million in annual savings at the money-losing paper. The Times has already cut pay by up to 5 percent at other properties, including its flagship paper. Earlier this month, the Times said it will sell its classical music radio station in New York to pay debt, and that it hopes to sell its stake in the Red Sox's holding company, New England Sports Ventures, by the end of the year. (Reporting by Robert MacMillan; editing by Jeffrey Benkoe) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Iron Man multi-tasks at annual comic convention Also on Reuters Chinese experts grow live mice from skin cells Commentary: Driven to drink by marijuana laws? Video Video: Obama's first six months as president More Technology News Microsoft revenue misses, shares tumble Amazon's lower margins spook Street, shares fall Wal-Mart woos laptop shoppers Iron Man multi-tasks at annual comic convention Yahoo buys photo organization tech company Xoopit More Technology News... Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video UPDATE 3-Mayors, rabbis arrested in NJ corruption probe Mayors, rabbis arrested in NJ corruption probe | Video Bin Laden's son "probably killed" by U.S. strike Wal-Mart woos laptop shoppers Clinton: N.Korea has "no friends", must denuclearize Bin Laden's son 'probably killed' by U.S. strike Naked girls plow fields for rain Ford posts profit after one-time gains, shares rise Stars align for easing of U.S. credit crunch Obama: Police acted "stupidly" arresting black scholar Most Popular Articles RSS Feed Video Obama defends healthcare plans Obama's first six months Forest fires ravage Greek island Agents raid Jackson doctor's clinic Fires rage through hot Europe Baboon gang raid visitors' luggage Casualties of Afghanistan China-Russia anti-terror exercise Obama hosts Maliki Astronauts at work Most Popular Videos RSS Feed today on reuters Obama stirs racial passions in Harvard case President Barack Obama plunged his presidency into a charged racial debate and set off a firestorm in one of America's most liberal bastions by siding with a black Harvard scholar who accuses police of racism. Full Article Mayors, rabbis arrested in NJ corruption probe Dozens of New Jersey politicians, officials and prominent rabbis were arrested in a sweeping federal probe that uncovered political corruption, human organ sales and money laundering from New York to Israel, officials said. Full Article | Video Chinese experts grow live mice from skin cells Chinese researchers have managed to create powerful stem cells from mouse skin and used these to generate fertile live mouse pups. Full Article Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 24 July 2009
US home sales rise again
US 'fully' supports Georgia's bid to join NATO
Ford posts profit on one-time items
US backs Georgia, but wants more democracy: Biden
Schwarzenegger addresses budget cuts with knife
Pa. fire chief reunited by chance with lost dog
Spy 'regretted working for Soviets'
New undersea cable gives Africa high-speed Internet
Netanyahu says he seeks peace with Palestinians | International |
Wildfire on outskirts of Marseille 'under control'
Congo rebel attack kills at least 24: U.N | International |
Clashes kill 46 in Somalia, new security boss named | International |
Judge rules to continue Mumbai gunman's trial
Microsoft revenue misses, shares tumble | Technology |
Pakistan Taliban says Swat chief alive, vows jihad
Iron Man multi-tasks at annual comic convention | Technology |
SKorean soldier punished for selling fake Kim photo
Cambodian PM undermining KRouge court: activists
Yachts for Kim Jong-Il? Italian shipbuilder 'defrauded'
Taco Bell ad star Gidget the Chihuahua dies at 15
China's BAIC out of Opel takeover race: GM
SKorea fines Qualcomm $208m for unfair trade
Early American portraits on display at Winterthur
Iron Man multi-tasks at annual comic convention | Entertainment |
Actor Dennis Franz sues over chandelier mishap
India's Bharti profits jump 24 pct, still in MTN merger talks
Review: Scares, dark laughs in `Orphan'
Jon Heder makes foray into original Web programming | Entertainment |
S.Korea fines Qualcomm $208 mln in anti-trust case
BRIEF-Telenor expects Pakistan mobile consolidation
Seoul shares hit new 10-mth high; earnings help =2
California Authorities Seize $1B Worth Of Marijuana From Sierra Pot Farms
Florida Radio Station Employees Find Out Health Care Plan Is Missing The Hard Way
Famed Taco Bell Chihuahua Dies From Stroke
Simon Cowell To Come Face-To-Face With 17 Ex-Girlfriends At His 50th Birthday Bash
Family Terrified Michael Jackon's Corpse Could Be Kidnapped
Jay-Z And Rihanna Rack Up $12K Bar Bill During Night Out
Weekend is now Friday-Saturday... in Algeria at least.
Millions In Asia Watch Six-Minute Total Solar Eclipse
Airman's Legs Amputated During Routine Gallbladder Surgery
iPhone Factory Worker In China Commits Suicide Over Missing Device
Amazon's lower margins spook Street, shares fall | Technology |
New York Times profit rises, studies Web access charge | Technology |
I have Amy Winehouse on my iPod, says UK's Brown | Entertainment |
Hezbollah arms cache violated U.N. embargo
Berlusconi's call girl accuser a liar: FM
Jolie appeals for Iraq aid on latest trip for U.N
Microsoft profit down 29 pct in weak market
French army rapped over blaze as Europe battles fires
Fiat announces bond issue, rater cautious
Netanyahu says he seeks peace with Palestinians
AP "news registry" to track online use
Japan turns to campaign gurus ahead of election | International |
Saddam palace suffers as Iraq seeks tourists
Researchers in new strides to fix broken hearts
Foreign Legion shooting exercise sparks French wildfire
Incumbent set for landslide win in Kyrgyzstan vote | International |
Early voting begins in key Kurdish elections
Mouse named Tiny may be big step forward in transplant quest
Macedonia's long wait for EU talks almost over: Rehn
CORRECTED: S.Africa's Zuma says backs police action on protests | International |
VW takes the wheel at Porsche
Ann Arbor News abandons print, goes online
Mexico narco junior teenagers escape jail | International |
Britain, France step up fight against swine flu
swoops for Xoopit email photo finding firm
Final arguments due in trial of Myanmar's Suu Kyi | International |
Clinton says Iran unable to respond to overtures
Iran opposition leader's brother-in-law arrested
Singer Winehouse in court over 'fan attack'
Hezbollah arms cache violated U.N. embargo: U.S | International |
Mousavi's wife says brother jailed in Iran crackdown
Toppled Zelaya in new bid to return to Honduras | International |
New US weekly jobless claims jump
Ageing Shanghai urges second baby for eligible couples | International |
Israeli missile-defense system hits snag
Taiwan digs up its oldest civilization | International |
News Corp sees MySpace as place for videogames | Technology |
US may rearm Georgia, despite Moscow's opposition
US mayors, rabbis in wave of corruption arrests
U.S. focuses new intelligence effort on Taliban
Microsoft raises specter of doubt on tech recovery | Technology |
Obama China pick vows clear-eyed approach
Amazon's Zappos buy seen clearing antitrust review | Technology |
Bin Laden's son may have been killed: US official
Sony to invest over $1 billion in Sharp LCD unit: report | Technology |
Japan opposition softens stance ahead of election
Judge accepts Mumbai gunman's confession
NKoreans risking lives for SKorean soap operas
FBI Agents Nab Top Fugitive In Wyoming
Senators praise Utah gov as China ambassador pick
China media say 4 dead, 50 missing in landslide
Obama Heading To Chicago For 2 DNC Fund-Raisers
Australia tells China it wants action on Rio
Friday Spacewalk On Tap; Robot Arm Moves Cargo To Platform
Energy Startup To Build Biggest Offshore Wind Farms In Texas
Bill Seeks $730 Billion In Funding, Mostly For Health Care Plans
Blood Pressure Meds May Slow Advance of Memory Loss
California Authorities Seize $1B Worth Of Marijuana From Sierra Pot Farms
Army: No indication Texas soldier was kidnapped
Obama Rallies For Health Care Reform At Town Hall In Ohio
Florida Radio Station Employees Find Out Health Care Plan Is Missing The Hard Way
NY Man Pleads Guilty To Helping, Receiving Training From Al-Qaeda
Top Chinese restaurant chains eye Taiwan market
News Corp plans shakeup of Star Asian TV: report
SKorean economy grows 2.3 percent in Q2
Anime films being based on "Halo" videogames
S.Korean bonds retreat after solid GDP data
Indonesia police arrest would-be suicide bomber
Bregenz Festival opens with visually stunning 'Aida'
New Moon rises at Comic-Con | Entertainment |
Potter prepared to fend off trio of newcomers | Entertainment |
EU approves Italian tax incentives to film industry
Korea Hot Stocks-Dongbu Steel tumbles on rights issue plan
Salzburg Festival, club for the super-rich feels economic pinch
Moviegoers to get sneak peek of 3D Avatar footage | Entertainment |
Seoul shares rise on positive Hynix earnings, GDP
S.Korea economy grows fastest in 5-½ years
Nepal to rebuild royal massacre house
Concert tour of Star Wars to kick off in October | Entertainment |
Pop singer Rain takes on SKorean soccer star Park
S.Korea fines Qualcomm $208 mln in antitrust case
Amy Winehouse in court on fan assault charge
US to warn China against export-led growth
Madonna's hits cause for Celebration | Entertainment |
A view from Comic Con: Costumes, comics, crowds
RPT-France-Pakistan nuclear deal to focus on safety
Bayreuth opening under new Wagners
'Eternal Sunshine' director to do 'Green Hornet'
Black Eyed Peas extend reign on U.S. singles chart | Entertainment |
Jay-Z to replace Beastie Boys in U.S. festival debut | Entertainment |
Kids TV programming rules, ads to be reviewed in U.S | Entertainment |
US probes soldier's capture in Afghanistan
Twenty-five dead in 'monstrous' Russian bus crash
Afghan president vows to regulate foreign troops | International |
British economy sees record contraction
Ericsson quarterly profits plunge
Global stocks rally on investor optimism
U.S. to transfer $200 million to Palestinians | International |
Iran cleric warns over moves to harm Khamenei | International |
Japan opposition hits back as LDP takes off gloves | International |
Swine flu has spread to almost every country: WHO
New service lets Jews tweet a prayer to God
Israel concerned over US "umbrella" on Iran
British battle for Afghan trust in restive south | International |
California lawmakers prepare for key budget vote
Mugabe urges end to violence, Tsvangirai seeks justice | International |
U.N. agency denies boss fled Gaza death threat | International |
Iraq's Maliki honors fallen US soldiers
Bill Gates to India: Go high end on R&D | Technology |
Palm re-enables iTunes sync in Pre software update | Technology |
US envoy to visit Syria
Obama Outlines $4 Billion School Fund Competition For States
Obama comments on professor's arrest spark controversy
Four Die In Maryland Helicopter Crash
Clinton: NKorea running out of options on nukes
Maliki hints at US troop presence beyond 2011
Senate Puts Off Healthcare Reform Bill Until After Obama's August Deadline
Federal Minimum Wage Now At $7.25
Fees for 911 service, by state
Contaminated Wash. site gets new treatment system
Drunken driver parks on Mich. police post's lawn
Samsung Electronics posts 'outstanding' Q2 results
Amy Winehouse cleared of assault | Entertainment |
S.Korea official says not time to chase won
New Moon rises at Comic-Con | Entertainment |
Hynix Semiconductor's net loss sharply narrows
Idol showrunner Warwick inks new deal | Entertainment |
Bodies stack up as California counts cost of funerals
Hollywood studios, networks in force at Comic-Con | Entertainment |
London's black cab drivers fear for their future
Sugarland's Nettles to miss 3 more concerts
Cuba's Silvio Rodriguez dedicates song to 'Che'
Austrian foundation: 2 Mozart works discovered
PUBLISHERS WEEKLY BEST-SELLERS
Jackson estate lawyers seek allowance for children
Nas ordered to make $44K monthly payments to Kelis
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01