New York Observer | Rocky Mountain News
"This is a strategic and business decision, not a journalistic one," say Timesmen
Jon Landman and
Tom Carley. "The world has changed a lot in three years, and it has become clear that our investment dollar is better spent developing video for our own nytimes.com." ||
Earlier: NYT considers selling back its 50% stake in Discovery Times channel to Discovery Communications.
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NYT reports $35M earnings in 1Q vs. $111M a year ago (AP)
