I’ve read a lot of drivel the past few weeks about the $NYT and how their burgeoning online digital ad business was booming — mostly by disaffected leftards who have somehow tethered themselves to the old gray lady in an effort to defy Trump.
Why? You’re fucking stupid.
The business has been cut in half since 2008. They’ve gone from raking in $300m per quarter in earnings to $40m. This isn’t a god damned online journal. The core business is print and there’s no way digital can make up for the lost ground in print, without having a profound effect on the way the company is staffed.
Does this revenue trend look healthy to you?
Earnings are down 50-75% since 2008.
The stock has been cut in half over the past 8 years.
That’s what a slow death looks like, not a revival spearheaded by amazing digital revenue growth.
Prove to me the New York Times isn’t dying.
Pro tip: you can’t.
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This Fake News thing is getting serious. Like a cow giving birth to Damien. Loud fucking loud and bloody.
The Times was slow to embrace digital like many other print publications and suffered as a result. But they are making progress now as evidenced by recent numbers. They will continue to do well under Trump just as Fox did well with Clinton and Obama. Hoping the Greatest Paper on Earth will die is just a cuckpot wet dream. Keep dreaming.
Can you prove that you aren’t dying? Pro-tip: you can’t.
If OA made as much money on something as I have on my $NYT calls, we would be hearing about how big and delicious his dick is for the next three weeks. Being short FOX has been sweet too.
Love,
Butthurt Libtard