Despite Naysayers, The New York Times Lives On

Though it might be limping from staff cuts, proposed pay walls and taking papers like The Boston Globe off the market, somehow The New York Times Co. has managed to survive despite many media watchers’ low expectations this year, according to Slate.com’s “Big Money” blog. Both The Atlantic and the blog 24/7 Wall Street predicted that the Times would fold in 2009, and now with only a month left, it looks like the paper’s got a reprieve for a little while longer.

Not only that, but there might even be some silver lining: revenues and profits have gone up for the company’s Internet division, although once Arthur Sulzberger Jr.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in