A Century of Growth Begins to Flatline at The New York Times

Henry Blodget and Kamelia Angelova report on the New York Times: 

http://prosenylund.files.wordpress.com/2010/11/flatline.jpg?w=500

The New York Times has righted its ship after a near-death experience during the last recession.

Thanks to sharp cost-cutting, the company has returned to profitability. And thanks to frantic debt restructuring, the NYT has also removed its creditors’ foot from its throat and bought several more years to figure out a long-term plan.


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