Ad revenue falls again at The New York Times Co.

Ad revenue at The New York Times Co. declined 8.9% in the third quarter from the quarter a year earlier as print ad revenue dropped 10.9% and digital ad revenue slipped 2.2%, the company said today. Circulation revenue, however, increased 7.4% on the strength of growing digital subscriptions and an increase in print circulation prices in the first half, which offset falling print sales. The boost in circulation revenue was nearly enough to overcome the ad drop and a 2.9% decline in other revenue: Total company revenue was down just 0.6% from the third quarter of 2011. The company, which also publishes The Boston Globe, said it expects overall ad revenue trends in the fourth quarter to resemble the quarter just completed. Circulation revenue should increase in by a percentage in the mid- to high-single digits, it said. "While our results for the third quarter reflect continues pressure on advertising revenues, total circulation revenues rose led by the ongoing expansion of our digital subscription base," said Arthur Sulzberger Jr., chairman and interim CEO, in a statement accompanying the financial results on Thursday. "Digital subscription trends have remained robust and at quarter end, paid digital subscriptions across the Company totaled approximately 592,000, up 11 percent from the end of the second quarter." Digital subscribers to The New York Times and the International Herald Tribune comprised 566,000 of that total, up 11% from the end of the second quarter, while... Continue reading at 'Crains New York'

[ Crains New York | 2012-10-25 00:00:00 UTC ]
News tagged with: #digital subscribers #operating profit

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Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows

Facebook needs to loosen its grip on Watch show sponsorships and mid-roll inventory, publishers say. The post Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-12-01 00:00:00 UTC ]
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French publisher Liberation now gets half of mobile ad revenue from Facebook Instant Articles

Over half of Liberation's mobile revenue comes from Facebook Instant Articles, which accounts for 10 percent of its mobile pageviews. The post French publisher Liberation now gets half of mobile ad revenue from Facebook Instant Articles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-10-04 00:00:00 UTC ]
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Did a YA book buy its way to the top of the New York Times bestseller list?

For a few hours, a debut author shone at the top of the N.Y. Times bestseller list Thursday. But after online commenters questioned how the book got there, the paper removed "Handbook for Mortals" by Lani Sarem. What happened? Author Phil Stamper thought it was strange when "Handbook for Mortals"... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-08-25 00:00:00 UTC ]
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New York Times pulls YA novel from bestseller list after reports of fake sales

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[ The Guardian | 2017-08-25 00:00:00 UTC ]
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The ‘New York Times’ Books Desk Will Make You Read Again

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[ Publishers Weekly | 2017-08-20 00:00:00 UTC ]
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Michiko Kakutani Ends Her Reign as The New York Times’ Chief Book Critic

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[ AdWeek | 2017-07-28 00:00:00 UTC ]
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The New York Times and the Wall Street Journal Are Coming Together to Fight Facebook and Google

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[ AdWeek | 2017-07-10 00:00:00 UTC ]
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[ Advertising Age | 2017-05-01 00:00:00 UTC ]
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How The New York Times plans to build a daily habit on Snapchat

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[ Digiday | 2017-04-25 00:00:00 UTC ]
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PubTechConnect: Innovators from Goodreads, Cadillac, and the ‘New York Times,’ Join the Lineup

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[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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T: The New York Times Magazine Names Editor-in-Chief | People on the Move — 04.06.17

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[ Folio Magazine | 2017-04-06 00:00:00 UTC ]
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[ Publishers Weekly | 2017-03-02 00:00:00 UTC ]
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