Friday, July 27, 2012

And Now For More Boston Globe Bashing - XI

Is this a good thing for the Globe?
The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of and continuing declines in print and digital advertising revenue.

The net loss was $88.1 million, or 60 cents a share, compared with a net loss of $119.7 million, or 79 cents a share, in the period a year earlier, when the company wrote down the value of its regional newspapers, which it later sold.
UPDATE at 4:12 PM - Another crap liberal rag will no longer be offered in print form in 2013.

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