The New York Times Company (NYSE: NYT) announced today fourth-quarter 2012 diluted earnings per share from continuing operations increased to $.76 from $.34 in the same period of 2011, largely due to the special items discussed below.
— Refinanced 11.5% senior secured notes extending maturity and reducing interest — Digital-only advertising revenues up 14.9% from comparable 13-week 2011 quarter — Plus Program launched and expected to add more than $20 million to 2013 revenues — Advertising revenue from nontraditional sources now at 36.0% of total advertising
Adplex Training Launched in Asia
Record Revenue and Profitability for Broadcasting
Publishers control 100% of revenue with Digital Technology’s metered approach
On-going armed conflicts and insurgency make Syria and Somalia the world’s most dangerous places for journalists, according to the annual figures on journalist deaths compiled by the World Association of Newspapers and News Publishers (WAN-IFRA).
— Revenues of $108.7 million increased 40% — Operating income of $42.3 million increased more than 2.5 times from prior year — Net income was $17.6 million, or 62 cents per share — Broadcast Cash Flow totaled $50.4 million
