Despite 3Q Losses, The New York Times Is Committed To Print
Business Insider’s Joe Pompeo is reporting that New York Times Co. CEO Janet Robinson dispelled any rumors of the Times putting a stop on their standard print operations and switching over to strictly digital distribution. Robinson told analysts on a conference call this morning that the Times “will be printing newspapers for many years to come.”
Robinson’s made her assurance in the wake of NYT‘s announcement of third quarter financial declines. Circulation revenues are down nearly 5 percent while print ad revenues dropped by close to 6 percent.
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