NY Times Company sees slowing Web growth
Michael Gay June 16th, 2007
The NY Times, who owns 30 websites like nytimes.com, boston.com and about.com, saw an impressive 21.4 percent increase in online ad sales in the last year, according to a press release. The growth in online ad sales is down slightly from year-ago growth rates, when the NYTimes reported 26.9 percent growth. The strongest growth for their online division comes from about.com, where sales were up 32.6 percent to $7.4 million. The company cites display ads increased “primarily because of strength in the Internet, pharmaceutical and technology categories.” The interesting thing about these growth numbers is how they seem to prove the Borrell report that came out just 2 weeks ago and forecast slowing online ad sales growth.
2 Comments Add your own
1. ! | June 17th, 2007 at 8:11 am
test
2. theminneapolischannel | June 17th, 2007 at 8:15 am
yes, “slowing web growth” makes for an intersting headline.
too bad tv can’t be burdened with this sort of problem… “20-30% growth” is bad?
i’ll often take a critical stance of all news as we are definitely in the midst of bubble2.0, but can we try some context here?
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