Newspaper & Mailroom

The New York Times Company Reports June Revenues

Wednesday 23. July 2008 - The New York Times Company announced today that in June total Company revenues from continuing operations decreased 10.0% compared with the same month a year ago. Advertising revenues decreased 16.4% and circulation revenues increased 2.1%.

All comparisons are for June 2008 to June 2007 unless otherwise noted:
News Media Group
Advertising revenues for the News Media Group decreased 17.8% because of weakness in print advertising.
— The New York Times Media Group – Advertising revenues for The
New York Times Media Group decreased 18.3%. National
advertising revenues decreased largely due to weakness in
studio entertainment, technology, telecommunications and media
advertising. Retail advertising revenues decreased mainly due
to softness in the department store, mass market, national
retail and cosmetic manufacturers categories. Classified
advertising revenues decreased because of weakness in
help-wanted, real estate and automotive advertising.

— New England Media Group – Advertising revenues for the New
England Media Group decreased 16.6%. National advertising
revenues were lower mainly because of decreases in studio
entertainment, travel, packaged goods/pharmaceutical, banking
and financial services advertising. Retail advertising
revenues decreased primarily due to weakness in the department
store, home improvement, food/drug and furniture/home
furnishing categories. Classified advertising revenues
decreased due to continued softness in help-wanted, real
estate and automotive advertising.

— Regional Media Group – Advertising revenues for the Regional
Media Group decreased 17.3%. Retail advertising revenues were
down mainly because of decreases in the home furnishings,
telecommunications, department store and medical/dental
categories. Classified advertising revenues decreased due to
continued weakness in real estate, help-wanted and automotive
advertising.
Internet advertising revenues included in the News Media Group rose 21.5% due to growth in display advertising.
Circulation revenues for the News Media Group increased 2.1%. Revenues increased at The New York Times Media Group, and decreased at the New England and Regional Media Groups.