Net income at The New York Times Co. tripled in the fourth quarter from the year before. The publishing company, which owns The Boston Globe, attributed part of the rise to its decision to raise the price of its papers and cut costs.
(Associated Press/File 2009)
Times Co. posts boost in net income
Advertising slide slows; revenue up from circulation
Net income at The New York Times Co. tripled in the fourth quarter from the year before. The publishing company, which owns The Boston Globe, attributed part of the rise to its decision to raise the price of its papers and cut costs.
(Associated Press/File 2009)
The New York Times Co. reported net income of $90.9 million in the fourth quarter of 2009, up from $27.7 million a year earlier, as advertising declines slowed and circulation revenue rose. (Full article: 586 words)
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