Ad Dollars Shrink at the New York Times, Again

Three months ago, the New York Times seemed to have halted its advertising skid after a very long slide. Perhaps it has started up again. Ad revenue dropped one percent during Q3: Digital revenue jumped 14.6 percent, but that wasn’t enough to counter a 5.8 percent drop in print ads. Things don’t look great for Q4, either. Cue the Paywall!

Gannett’s Good News Comes And Goes, Very Quickly

This is what passes for good news in the newspaper business these days: Someone bought some shares of one of the industry’s biggest companies. Alas, even that story is old news. And the headlines coming out of Gannett later this week won’t be pleasant either.
newspaperless