New York Times Co. Profit Falls as Company Makes Strides in Digital Ads

Posted Tuesday, February 3, 2015 8:03 am

By: Ravi Somaiya | New York Times

The New York Times Company said on Tuesday that its annual operating profit declined in 2014 because of investments in digital journalism and severance costs from a round of job reductions. Revenue was flat as growth in digital advertising and circulation offset declines in its print business.

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New York Times Co. Profit Falls as Company Makes Strides in Digital Ads

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