04-06-2008, 07:29 AM
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Guru
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Join Date: Jul 2005
Posts: 6,446
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maybe it's not the NYT's content but the industry that is in decline:
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New York Times shares slid 43 cents, or 2.3 percent, to $18.48 at 4:04 p.m. in New York Stock Exchange composite trading, the lowest since January 1997. The stock has declined 24 percent this year.
Other newspaper stocks, including Gannett Co., owner of USA Today, and McClatchy Co., publisher of the Miami Herald, are also trading at 10-year lows because of the loss of advertising to new media such as the Internet and the decline in classified ads linked to tumbling housing sales. ...
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http://www.bloomberg.com/apps/news?p...d=aY9iww4X.01g
__________________
“Mayor Palin fails to have a firm grasp of something very simple: the truth.”
[Frontiersman editorial, 2/7/97] "God Bless John mKKKain, and John Bless America." - Fred Thompson
Quote:
Originally Posted by Spare
Well, that settles it ... who cares about facts?
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