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The Gray Lady Sees Red – A Bombshell Q1 Loss For The New York Times Company And Is That The Harbinger Of Things To Come?
Philip M. Stone April 18, 2008
With so much bad news about the US newspaper industry for the past couple of years' quarterly reports showing larger revenue declines attract mostly yawns these days, but the New York Times Company had mouths gaping Thursday by announcing a quarterly loss. Are things really that bad? Apparently so.
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