New York Times Says Print-Ad Decline Is Slowing
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New York Times Co., publisher of the namesake newspaper, said it expects fourth-quarter print advertising revenue to decline at a slowing pace, helping 2010 earnings top those last year.
Print-advertising revenue this quarter will drop by about 4 percent from the year-earlier period, the company said today in a statement. Print advertising in the third quarter decreased 5.8 percent.