But About.com revenues rise 16% (or shoutld that be only?)

I think my PERSONAL CONSUMER views about About.com are know - so know emails please - but the NYT's own media correspondent RICHARD PÉREZ-PEÑA should know better to write about increases in about.com revenues (a meagre 16.1 percent) as if this was something to write home about. From what base Richard and how fast do they need to grow to prop up that declining print revenue? And how much of that growth came from acquisitions?

There's no BUT here Richard, only an ONLY about About.com revenue.




October 24, 2008
New York Times Co. Posts Lower Profit
By RICHARD PÉREZ-PEÑA
The New York Times Company reported a 51.4 percent decline in third-quarter profit on Thursday and swung to a loss on continuing operations as deeper-than-expected expense cuts could not keep pace with declining revenue.
The company said it would consider cutting its dividend and planned to write down the value of assets in its New England Media Group, which includes The Boston Globe, by as much as $150 million.
“Our board of directors plans to review our dividend policy before the end of this year to determine what is most prudent in light of the overall market conditions,” the company’s chief executive, Janet Robinson, said in a statement.

Online revenue rose just 2.5 percent for the company’s newspapers, which include The New York Times, The Boston Globe, The International Herald Tribune and 17 smaller papers. But the company’s other online businesses, including About.com, increased revenue by 16.1 percent, despite the economic downturn.

http://www.nytimes.com/2008/10/24/business/media/24times.html?ref=business

READ AN ALTERNATIVE IHT DAILY NARRATIVE AT
A PLACE IN THE AUVERGNE

International Herald Tribune
IHT
New York Times
The NYT Company

Vacation /Business Trip Furnished Rental Apartment in Paris