The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

New York Times Revenue Down 20%

Posted by iusbvision on December 24, 2008

My heart bleeds…. The NYT has done more to undermine journalistic ethics and standards than any other news outfit.

NEW YORK, Dec 24 (Reuters) – The New York Times Co’s (NYT.N) November advertising revenue fell 20 percent, the company said on Wednesday, illustrating how the financial crisis is aggravating dizzying revenue declines at U.S. newspapers.

Ad revenue at the publisher’s New York Times Media Group, which includes the Times newspaper, fell 21.2 percent from a year earlier because of a drop in real estate and jobs classified advertising.

Studio entertainment, automotive, book and financial services ads also were weak, the Times said in a statement.

The New England unit, which includes The Boston Globe newspaper, as well as the group representing its other U.S. papers, also fell.

Total company revenue fell 13.9 percent.

http://www.reuters.com/article/technology-media-telco-SP/idUSN2426545720081224?feedType=RSS&feedName=technology-media-telco-SP&rpc=22&sp=true

Karl Rove compares the NYT to Pravda

Karl Rove on media bias and the Blagojevich scandal

Here at the IUSB Vision we have a category called “Journalism is Dead” – recently we have written two articles about outrageous media corruption:

More Lies from the Elite Media: 60 Minutes and New York Times

and

Good News: Obama’s Staff Declares Themselves Innocent in Blago Probe – Elite Media Says That’s Good Enough for Us.

The Media Research Center has compiled 18 pages of video clips containing the worst examples of media bias in television news check it out HERE.

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