NYT Co. Feb. Ad Revenue Slips 6.6%

CHICAGO The New York Times Co. reported Tuesday that its February revenue from continuing operations slipped 2.6 percent as ad sales fell 6.6 percent from February 2007.

Classified revenue fell almost 20 percent in February and is down more than 21 percent for the year so far.

Ad revenue was down double digits at its New England Group, including the Boston Globe, and its Regional Media Group, which includes mostly Southern newspapers.

The company also warned it expects results for March to be “adversely affected” by the early Easter this year.

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