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Media Minute

The Grey Lady Is Bleeding Red

The Grey Lady Is Bleeding Red

The New York Times has revealed it’s 4th quarter earnings for 2008 and….it’s even worse than expected!

Fourth-quarter 2008 operating profit decreased to $63.3 million from $101.5 million in the 2007 fourth quarter.

HUGE drop!

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Jan 28, 2009 16:59pm PDT

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