Pulitzers Don't Pay the Bills: NYT Co. Suffers Big Q1 Loss
Yesterday was a great day for the New York Times. After a harrowing year of cutbacks, leases, and criticism over their financial decisions (or lack thereof) the paper took home five Pulitzers (the second best ever year for the paper), seemingly reinforcing the idea that the newsroom should be supported at all costs.
Sadly, the $10,000 that accompanies the awards is not going to go a long way to solving the paper’s money problems, which have only gotten worse this quarter.
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