New York Times (NYT) Reports July Advertising Results

The New York Times Company (NYSE: NYT) announced that in July 2007 advertising revenues from continuing operations decreased 3.5% and total Company revenues from continuing operations increased 0.1% compared with July 2006.

All comparisons are for July 2007 to July 2006 unless otherwise noted:

News Media Group: Advertising revenue for the News Media Group decreased 5.0%.

The Internet ad revenues included in the News Media Group rose 19.3% in July due to growth in both display and classified advertising.

TimesSelect, the fee-based product on NYTimes.com that includes The Times's distinctive columnists and extensive access to its archives, currently has approximately 771,400 subscribers with 462,800 receiving TimesSelect as a benefit of their home-delivery subscriptions, 225,100 receiving it from online-only subscriptions and 83,500 receiving it free as college students and educators.

About Group - Advertising revenues at the About Group (which includes About.com, ConsumerSearch.com, UCompareHealthCare.com and Calorie-Count.com) rose 34.7%.

Circulation revenues for the News Media Group grew 4.0% in July. Revenues were up at The New York Times Media Group, increased slightly at the Regional Media Group and declined at the New England Media Group. In July The New York Times raised its newsstand and home-delivery prices.

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