Great news: The New York Times Co. lost more than $35 million in the third quarter! They've decided that "selling ads" is the way of the past.
A funny thing about corporate earning is that even if your company objectively lost a boatload of money, it's okay as long as you lost less money than analysts thought you were going to lose. So even though the NYT Co. bled money, they beat estimates—and improved over Q3 of last year, when they lost more than $100 million—so things areSource: Gawker RSS Feed
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