Apr
24
New York Times Reports First Ad Revenue Increase In Three Years
Posted in: Uncategorized
The New York Times saw a 3.4% increase in advertising revenue during the first quarter, the company reported Thursday, breaking a three-year losing streak of ad-sales declines.
Print advertising rose 3.7% compared with the first quarter last year; digital sales climbed 2.2% to $37.8 million. It was the Times’ first quarterly uptick in ad sales in 13 quarters.
In the fourth quarter of 2014, ad revenue slipped 1.3%.
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