The New York Times's third-quarter revenue fell 3.1% year-on-year.

Sina Science and technology news Beijing time of October 20 night, The New York Times Company announced in Thursday the third quarter of this year's earnings.　　Earnings showed that the New York Times Company's third-quarter total revenue fell 3.1% to 537 million U.S. dollars. In the third quarter, the New York Times Company's advertising revenue fell 9% Year-on-year, and digital advertising revenue also fell. The New York Times Company's biggest highlight of the quarter was newspaper revenues.　　Newspaper distribution revenues rose 3% from a year earlier, thanks to the New York Times website's charges. As Google recently adjusted the search engine algorithm, the About.com website's digital advertising revenue has fallen sharply, a year-on-year decline of 21%, which has a serious impact on the New York Times Company's overall advertising revenue.　　In addition, digital advertising revenue for the New York Times Company's news business grew 8% per cent year-on-year, at a slower rate than in previous quarters. Currently, the New York Times website has a total of 324,000 paying subscribers, which brings the company a yearly income of 58 million dollars. Despite the start of charging for content on the site, the New York Times web site does not fall in volume, so this part of the revenue is net growth.　　The New York Times Company also partly solves the problem of continued declines in newspaper subscriptions by charging for content on the site. The New York Times Company, which was on the verge of bankruptcy a few years ago, is now back to profitability. In the third quarter, the New York Times Company earned 5 cents per share. But as advertisers and newspaper readers continue to move to the Internet, the company's business will shrink. (Lili) Share: