New York Times Co.: The New York...
- Share via
From Times Staff and Wire Reports
New York Times Co.: The New York media company said it earned $12.2 million in the fourth quarter of 1990, contrasted with a loss of $18.9 million in the year-ago period. Quarterly revenue fell 3% to $455.9 million. For the full year, the company earned $64.8 million, versus $266.6 million in 1989, when results included a onetime $205-million gain on the sale of NYT Cable TV. Annual revenue was flat at $1.78 billion. The company said a soft advertising market dampened 1990 results.
Tables, D20
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
