Profits are up for the New York Times, but, before you break out the champagne, please note: the prime mover of profits for NYT this past quarter was the sale of its TV stations. On the print side, it's more downturn anxiety: newspaper ad revenues are down 6.9%.
What's particularly intriguing where the Times is concerned, however, is the sudden uptick in whispers over the newspaper's online "TimesSelect" pay-to-play service, where folks pay either $49.95 or the price of a...
]]>