The 'Times' Makes More Than Half a Million Dollars a Day on Papers' Websites

Over the course of 2010, the digital advertising revenues for the New York Times News Media Group—that’s largely the papers’ websites, like the Globe and the Timeswere $212.2 million. That’s $581,369 a day. Continuing the trending, print revenues were down and Internet revenues were up—all told, digital income was 16.2% of the Times Company’s revenue throughout 2010. Total debt and “capital lease obligations” stand at about $996 million; operating profit for the year was $384.3 million.