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Monday, October 30, 2006

The New York TImes Falls Further Behind (NYT)(NWS)

It is not enough that The New York Times company has been bleeding circulation and advertising revenue and that online operations cannot make that up. Now there is further evidence that it cannot hold circulation in it home market.

The latest figures for daily newspaper circulation show the New York Times down 3.5% for the six month period ending September 30 dropping to 1,086,798.. The other key NYT property, The Boston Globe, did even worse. Circulation there fell 6.7% to 386,415.

Moving onto the list of the top five circulation dailies in the US is the NY Post. It now ranks ahead of papers like The Chicago Tribune and Washington Post.

The New York Times better look over its shoulder. News Corp's NY Post might be gaining on them

Douglas A. McIntyre can be reached at He does not own securities in companies that he writes about.

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