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New York Times Co. Earnings Tumble In Q1

NEW YORK — The publisher of The New York Times and 17 other daily newspapers says its first-quarter earnings fell 58 percent because of a decline in print advertising revenue.The results released Thursday by The New York Times Co. is t…

NEW YORK — The publisher of The New York Times and 17 other daily newspapers says its first-quarter earnings fell 58 percent because of a decline in print advertising revenue.

The results released Thursday by The New York Times Co. is the latest reminder of the challenges facing newspaper publishers as they try to adapt to a shift by advertisers to low-cost options online.

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