by: Jeff Roberts | paidcontent.org

Higher online circulation was a small bright spot in an otherwise gloomy earnings report for the New York Times Company, which is still looking for a CEO who can implement a comprehensive digital strategy.

The NYT Co numbers, announced this morning, showed operating profit for Q4 declined to $106.6 compared to $111.6 for the same period a year ago. Revenues fell to $643 million, a 2.8% drop off.