Paidcontent notes that Martin Niesenholtz, SVP of Digital Operations of The New York Times called TimeSelect a “good $10 million a year business.” What a difference a week makes.
Last week was an abysmal one for the Gray Lady. The New York Times Company scored its 52-week low and prompted this blog to ask if the paper of record had ”Jumped the Shark.”
Today’s earnings report surprised investors showing a two percent growth on total revenue in the third quarter. Shares at post time for the New York Times Company were up 5.87 percent trading at $19.50 a share.
(image via clipart)