[Reuters] New York Times profit rises, studies Web access charge

Posted by: UGN Security

[Reuters] New York Times profit rises, studies Web access charge - 07/23/09 01:58 PM

NEW YORK (Reuters) - The New York Times reported higher quarterly profit on cost cuts on Thursday, beating forecasts, but advertising revenue fell 30 percent and a recovery for U.S. newspaper publishers still looks a long way off.