Printed Press
TOPIC:
Globalisation » Economy » Media » Print
Category
articles
Date
2012-10-26
Actor
Lee, Edmund
Source
The New York Times
Uploaded date
2012-11-05
Uploaded by
Monica Sæbø
Link
New York Times Plunges as Advertising Slump Leads to Surprise Loss
"The New York Times Co. on Thursday tumbled the most in at least three decades after reporting a surprise loss on falling advertising sales ... The publisher's struggles reflect mounting challenges for the newspaper industry as it tries to compensate for shrinking print-ad sales with Internet revenue. Advertisers are growing squeamish on fears that the economy will worsen, which will probably cause the print business's slump to continue into the fourth quarter, Times Co. said." (Quoted from article)
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