New York Times stock is up more than 70 percent since the election and just hit a nine-year high

[mobeau69]

Source: CNBC

•Since the election, the stock has jumped more than 70 percent on the back of an increase in digital subscribers as well as higher digital advertising revenue.

•For the second quarter, the company reported 93,000 net digital-only subscribers, a 46 percent increase compared with a year ago.


After posting strong earnings Thursday, The New York Times Company shares have surged to a nine-year high.

The company has seen a sharp increase in digital subscriptions, largely attributed to the "Trump effect," since last November's election.


Read more: http://www.cnbc.com/2017/07/27/new-york-times-stock-up-70-percent-since-election-just-hit-nine-year-high.html

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Fake news about the "failing New York Times" President Anus Mouth?

[Bernardo de La Paz]

1. Not failing because not fake. . . . . . nt

[Eliot Rosewater]

2. Wrong, the stock has plummeted 70%, per trump, and now 45 million

Americans believe the stock has plummeted 70% and there is nothing you could ever do to convince them otherwise.

I am of course making a random accusation based in fact as to how he lies, and how absurd his lies are, and most importantly how stupid and ugly his deplorables are.

Facts really dont matter anymore, they are what Putin and trump says they are.

[leftyladyfrommo]

3. the NYT failed to fail. nt

[Hestia]

4. New York Times Editors Decry Humiliating Process Of Layoffs

http://deadline.com/2017/06/new-york-times-editors-decry-humiliating-layoffs-1202121627/

New York Times Editors Decry “Humiliating Process” Of Layoffs
by Jeremy Gerard
June 28, 2017 2:31pm

Using words including “betrayal,” “humiliating” and “covfefe” and suggesting that management had compared them to “dogs urinating on fire hydrants,” copy editors at the New York Times today let executive editor Dean Baquet and his heir apparent, Joseph Kahn, know exactly how they feel about taking the brunt of layoffs and buyouts as the Times expands its reporting ranks. The latest flare-up comes at a moment when the Times also is dealing with a libel lawsuit filed by former Vice Presidential candidate Sarah Palin over a Times Op-Ed column erroneously linking her to violent attacks on public figures.

In a letter addressed to the two top editors and written under the letterhead of the NewsGuild’s NYT unit, they also included a plea for reconsideration of the plan to eliminate some 100 editors from their ranks.

A short time later, Baquet and Kahn responded, in a letter addressed to New York NewsGuild president Grant Glickson. “We take those concerns seriously,” they wrote. “We feel a compelling need to reduce separate layers of editing … and to speed up production. …We have also made clear that in an environment of limited resources, we intend to invest more in recruiting top talent to keep us ahead…”

more at link

[Sunlei]

5. its because people can bypass the damn paywall on twitter.

or by not linking their 'devices' /wink

[cbdo2007]

6. Nobody profits in times of crisis more than the media.

Guess what would have happened if Clinton had won the election....8 more years of low stock price and low subscribers.

Is there anyone out there still wondering why the media allowed Trump to get elected??

[marybourg]

7. Yes, no doubt that in a capitalist society,

the capitol behind the news media has an interest in stirring up or even creating news. That's why we need "public options" to help keep them honest.

Our public options, NPR and PBS, while, like all human endeavors, are far from perfect (and I frequently write to them telling them so) they need and deserve our support.

[FigTree]

8. The road to redemption. nt

[Doug the Dem]

9. A Yuuge Middle Finger to the Donald

Covfefe, you orange freak!