OK, Pardon My Laughing: The New York Times Co. Posts a Loss

Maybe if they had anything worth reading … Instead of leftists drivel.

The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.

The net loss was $88.1 million, or 60 cents a share, compared with a net loss of $119.7 million, or 79 cents a share, in the period a year earlier, when the company wrote down the value of its regional newspapers, which it later sold.

OK, now laugh … Does anyb0opdy care. They didn’t create the business anyway.

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