NY Times Sees Sharper Ad Sales Drop in Third Quarter

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By: Reuters

NEW YORK, Sept 21 (Reuters) - New York Times Co. warned its third-quarter advertising revenue would drop by a larger-than-expected 8 percent, hurt by a pullback in real estate, help wanted and national auto ads.


New York Times Chief Executive Janet Robinson, speaking at a Goldman Sachs conference on Wednesday, cited tough economic conditions, saying advertisers were less confident about making upfront commitments.































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