On “Brain Drain” at The New York Times: Is The Gray Lady Still the Prettiest Girl at the Party?

  • the-new-york-timesDylan Byers, of Politico, labels recent departures from NYT “brain drain.”
  • Erik Wemple, of The Washington Post, shoots back, “What about Politico’s ‘brain drain’?”
  • Then Byers and Wemple have a Twitter battle over it.
  • During negotiations to keep “stats guru” Nate Silver, his agent commented that his client was “the prettiest girl at the party,” says Michael Calderone in the Huffington Post. Executive Editor Jill Abramson countered that The New York Times is always the prettiest girl at the party.
  • Marc Tracy, in The New Republic, tells media critics to “Stop Hyperventilating!” The Gray Lady is losing staff, but maintaining its “prestige.”
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New York Times earnings: Digital subs up, but not enough to keep revenue from slipping

Gigaom

The New York Times (s NYT)’s digital subscriptions were up in the second quarter of 2013, but not enough to keep overall revenue from slipping a bit, the company announced in its earnings report Thursday.

For the period ending June 30, the NYT’s revenues were $485.4 million, down 0.9 percent from this time last year. Overall circulation revenue was up 5.1 percent, with the company reporting 738,000 digital subscriptions across the New York Times, International Herald Tribune and Boston Globe. But advertising revenue fell by 5.8 percent and other revenues fell by 9.7 percent.

Digital subscriptions contributed $38.3 million to the company’s bottom line for the quarter. Here’s the breakdown by property:

  • New York Times and International Herald Tribune: 699,000 digital subs, up 35 percent compared to last year.
  • Boston Globe: 39,000 digital subs, up 70 percent compared to last year.

Both print and digital…

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