From AdAge:
Ratings agencies expressed new concerns about The New York Times Co. on Oct. 23 after the company issued a dour report for the third quarter, citing a soft advertising market and doubts about the economy.The Times saw a gluteal-clinching revenue drop of 14.4% in the third quarter. It's blamed on a sour economy and a soft advertising market.
Of course, there's no mention of the effect resulting from the Times being generally recognized as a leftist political house-rag.
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