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New York Times advertising revenues down 20 per cent

Posted by Paul McNally on 29 December 2008 at 11:42
Tags: National Newspapers

The New York Times Company has reported a 21 per cent year-on-year slump in November advertising revenues - including a four per cent drop in online ads.

The publisher said some of the worst-performing areas in print were cars, property, retail and financial services advertising.

Online display advertising grew, but this was offset by a decline in online job ads.

Tags: National Newspapers

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