NY Times, Scripps See Economy Hurting Advertising
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Newspaper publishers New York Times Co. and EW Scripps Co. on Thursday said the choppy economy could hurt their advertising sales, a day after Dow Jones & Co issued a profit warning due to weak advertising at The Wall Street Journal
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Publishers tout their online strategies and efforts to rein in costs as print advertising revenue falls.
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Internet companies are bracing for a  possible decline in one of their biggest sources of advertising  following the turmoil in the subprime mortgage market, the  Financial Times reported.
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U.S.-based online advertising firm Burst Media  said on Wednesday results for 2007 are likely to come in below market forecasts because of higher-than-expected ad campaign cancellations.
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Combined print and online advertising  revenue at U.S. newspapers slid 1.5 percent to $11.8 billion in  the third quarter, hurt by falling automobile and help-wanted  classified sales, an industry group said on Tuesday.
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New York Times Co. (NYT) on Monday forecast third-quarter and full-year earnings below Wall Street&#39;s average estimates, citing lower-than-expected revenue so far in September.
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A slowing U.S. economy is already impacting Yahoo Inc.'s Web advertising sales growth, which does not bode well for other ad-supported Internet sites.
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The countryâs largest newspaper publisher said Friday that its fourth-quarter profit dropped because of a decline in broadcasting revenue and weak newspaper ad sales.
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The New York Times Company said yesterday that its profit for the year would fall short of what it had initially forecast, a casualty of higher costs and of advertising revenue that has
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The New York Times Co. NYT.N said on   Thursday it forecast lower third-quarter earnings than during   the same quarter last year because of a "challenging" print   advertising market.
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U.S. advertising spending rose a disappointing 4.1 percent last year, hurt by cutbacks by carmakers General Motors Corp.  and DaimlerChrysler  , tracking firm TNS Media Intelligence said on Tuesday.
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Some say 2008 will mark a dark turning point for the newspaper industry, which has been besieged by shrinking profits and tumbling stock prices.
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Let the economists and politicians debate whether the American economy is in a recession. Madison Avenue is already battening down the hatches.
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The New York Times Co. and Richmond's Media General reported disappointing fourth-quarter and full-year 2007 earnings yesterday, exacerbating conditions that have brewed shareholder revolts at both companies.
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Advertising revenue was down by 8.5% in May; it has to find a way to stop the declines.
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Amid gloomy Wall Street forecasts about the industry's gradual demise, TIME asked insiders to forecast the long-term fate of newspapers
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New York Times Co. NYT.N on Monday  forecast third-quarter and full-year earnings below Wall  Street's average estimates, citing lower-than-expected revenue  so far in September.