The New York Times Company Reports January Revenues.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The New York Times Company announced today that in January 2007 advertising revenues for the Company's business units from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the decreased 2.1% and total Company revenues decreased 0.4% compared with January 2006. "The New York Times Media Group's advertising performance improved modestly in January and we continued to experience healthy gains at our digital properties," said Janet L. Robinson Janet L. Robinson is an American publishing executive, and became president and chief executive officer of The New York Times Company on December 27, 2004. As C.E.O., Robinson has primary responsibility for overseeing and coordinating all of the company's operations and business , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Circulation revenues grew nearly 2% in the month on strength at The New York Times Media Group. "With the advertising market continuing to be challenging, particularly in the classified categories, we remain focused on improving operational efficiency and reducing both fixed and variable costs across the Company." All comparisons are for January 2007 to January 2006 unless otherwise noted: The New York Times Media Group -- Advertising revenues for The New York Times Media Group increased 0.6%. National advertising revenues rose as growth in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , advocacy, hotel, international fashion and book advertising offset weakness in the telecommunications and national automotive categories. Retail advertising revenues decreased due to softness in a variety of small retail categories. Classified advertising revenues decreased as weakness in automotive advertising offset gains in real estate and help-wanted advertising. New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Media Group -- Advertising revenues for the New England Media Group decreased 9.7%. National advertising revenues decreased as weakness in national automotive, pharmaceutical/packaged goods, telecommunications and banking advertising offset growth in the network TV/cable, travel and financial services categories. Retail advertising revenues decreased due to the consolidation of the group's two largest department store advertisers coupled with softness in discount store and food/drug advertising. Classified advertising revenues decreased because of weakness in automotive, real estate and help-wanted advertising. Regional Media Group -- Advertising revenues for the Regional Media Group decreased 6.5%. Retail advertising revenues were lower due to weakness in the telecommunications and home furnishing categories. Classified advertising revenues decreased due to weakness in automotive, help-wanted and real estate advertising. The Internet ad revenues included in the three media groups above rose 26.2% in January due to strong growth in both display and classified advertising. TimesSelect, the fee-based product on NYTimes.com that includes The Times's distinctive columnists and extensive access to its archives, currently has approximately 627,000 subscribers, with about 66% receiving TimesSelect as a benefit of their home-delivery subscriptions and 34% receiving it from online-only subscriptions. Circulation revenues for January increased 1.8% and were up at The New York Times and the Regional Media Groups and declined at the New England Media Group. About.com -- Advertising revenues at About.com rose 22.5%. January's growth was due to increases in both cost-per-click and display advertising. Display advertising increased on strength in the pharmaceutical, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , entertainment and technology categories. In addition, for January 2007, The New York Times Company had the 11th largest presence on the Web, with 42.6 million unique visitors in the United States according to Nielsen//NetRatings. Discontinued Operations Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. -- The Company has entered into an agreement to sell its Broadcast Media Group, which is now classified under discontinued operations. Revenues for the Broadcast Media Group for January are included in the tables in this release. The New York Times Company (NYSE NYSE See: New York Stock Exchange : NYT NYT New York Times NYT National Youth Theatre (UK) NYT New York Transit (New York, USA) NYT New York Tribune ), a leading media company with 2006 revenues of $3.3 billion, includes The New York Times, the New York Times, The Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers. International Herald Tribune International Herald Tribune Daily newspaper published in Paris. It has long been the staple source of English-language news for American expatriates, tourists, and businesspeople in Europe. , The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment. This press release can be downloaded from www.nytco.com
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THE NEW YORK TIMES COMPANY
2007 NEWS MEDIA AD REVENUE GROWTH
BY CLASSIFIED CATEGORY
JANUARY
% Change
Jan. '07
vs. Jan. '06
News Media
Help Wanted -5.5
Real Estate -2.6
Automotive -24.5
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