The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.UPDATE at 4:12 PM - Another crap liberal rag will no longer be offered in print form in 2013.
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.
Friday, July 27, 2012
And Now For More Boston Globe Bashing - XI
Is this a good thing for the Globe?