The New York Times Co. posted second-quarter profit that topped analysts' estimates after the publisher cut expenses faster than revenue declined.Earnings excluding some items were 13 cents a share, the New York-based company said in a statement. That compares with the 11-cent average of estimates compiled by Bloomberg. Revenue, down 1.5% to $382.9 million, fell short of the $383.3 million average projection.Digital comprised 32.5% of total ad revenue at the company, up from 26.9%, as digital ad revenue rose 14.2% to $48.3 million. Print ad revenue losses again overwhelmed the digital gains, however, falling 12.8% for an overall advertising drop of 5.5%. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2015-08-06 00:00:00 UTC ]
From Grey’s Anatomy, which premiered 19 seasons ago, to now, Rhimes rarely misses the mark For decades, television held the period drama to the rule of three Ms: make it love-shy, make it British, make it unapologetically white. Anything that fell short of this standard risked never making it to... Continue reading at The Guardian
[ The Guardian | 2022-03-19 07:00:21 UTC ]
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Katniss Everdeen may have come out on top of the weekend box office with an estimated $101 million in domestic ticket sales, but the new "The Hunger Games: Mockingjay -- Part 2" fell short of industry expectations and, unlike the "Twilight" and "Harry Potter" young-adult juggernauts, her "Hunger... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-11-23 00:00:00 UTC ]
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The New York Times Co. posted second-quarter profit that topped analysts' estimates after the publisher cut expenses faster than revenue declined.Earnings excluding some items were 13 cents a share, the New York-based company said in a statement. That compares with the 11-cent average of... Continue reading at Advertising Age
[ Advertising Age | 2015-08-06 00:00:00 UTC ]
More news stories like this