Friday, 3 February 2012

Digital subscriptions stabilise NY Times revenues

Digital subscriptions to the New York Times online edition stabilised revenues at the publisher’s flagship title in the fourth quarter of 2011, but group results were dragged down by a further decline at, its consumer information website.
Arthur Sulzberger Jr, chairman and interim chief executive officer, told analysts that a search for a new chief executive was “in its early stages”, and emphasised that the board was looking for an executive “with digital and brand building experience”, without mentioning any need for experience in print publishing.
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