NYT Co. Expects to Spend More on Salaries, Newsprint, Paywall Promotional Campaign
As The New York Times Co. (NYT) reported its second-quarter earnings this morning, it also offered a modest glimpse into what’s in store for the coming six months.
The company said that year-over-year cost trends “will become more challenging in the second half of the year,” resulting in single-digit percentage increases in costs. The third quarter would account for much of the rising costs, the Times said, while the fourth quarter would be flat year over year.
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