New York Times: Ad Declines Outweigh Digital Growth

TheStreet: New York Times was falling on Tuesday as a decline in overall advertising sales outweighed the positives of a surge in digital subscriptions. The U.S. newspaper publisher added 67,000 net digital subscribers, its largest quarterly total in three years. But while the 14% jump in digital-only subscriptions reflected the direction CEO Mark Thompson aims to take the company, the drop in total advertising illustrated the challenges facing the publisher.