It's just a matter of time...
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Originally Posted by same source
If both these companies continue their steep declines, then I believe that both companies will be deep in the red by the first quarter of 2014. There simply isn’t a market for print advertising in newspapers.
The New York Times and its other two brands, The Boston Globe and The International Herald Tribune, reported a combined average 13.3% decline in print advertising, which contributed to a total advertising revenue decline of 11.2% to $191.2 million. Meanwhile, The Post reported an 8% decline in print advertising revenue to $48.6 million.
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