By the Numbers
1

How Much Less Money Is The 'New York Times' Really Making Now?

Let's just do facts, right? (Footnoted with sources; otherwise from NYT Co. self-report.)

Total Q1 revenue this year: $475.4 million.

Total Q1 revenue in 2012: $499.4 million.

Total Q1 revenue in 2011: $566.5 million.

Total Q1 revenue in 2010: $587.9 million.

Total Q1 revenue in 2009: $609.0 million.

Total Q1 revenue in 2008: $747.9 million.

Total Q1 revenue in 2007: approx $740 million.*

Total Q1 revenue in 2006: $832 million.*

Total Q1 revenue in 2005: $806 million.*

Total Q1 revenue in 2004: $773.8 million.*

Total Q1 revenue in 2003: $783.7 million.*

18

Churning the 'NYT' Vows Data and the Dangers of Self-Selection

Well, it is fun to run the numbers on exactly what "sort" of person runs a wedding announcement in Vows (technically now called "Weddings/Celebrations," which is so dull). The numbers are useful and also, sure, about what you'd expect. Harvard. Credit Suisse. Gay. That sort of thing. But two things: our trusty researcher friends here are comparing education and job credentials to the "average American," which, oh no. Vows is a section that is for New Yorkers, not average Americans. And New York is a funny place. (Full of gays who went to Harvard.) But then also they're dismissing self-selection in a totally untoward way, writing: "There's also [...]

6

Unemployment Not Absolutely the Worst Ever!

This morning's new job numbers: what do they mean?

• The "u6"—that is, you nerds know, unemployed people plus "marginally attached" employed people plus people unwillingly employed part-time (as opposed to full-time)— is only 16.2%! Just like it was in August. Just like it was in June. Still, a year ago, it was 17%.

• There is a very, very slight trending uptick in men and young people getting jobs.

• Above: the seasonally adjusted unemployment rate for the last ten years, for all people 16 and older.

33

Let's Do the Math on 'The Beached White Male'

Not just two white men are without jobs, though they're the nice anecdotal evidence for the cover of Newsweek, which announced "The Beached White Male." Oh, you do not say: "Through the first quarter of 2011, nearly 600,000 college-educated white men ages 35 to 64 were unemployed." Oh but wait, do not make fun: "It might be tempting to snark at these former fat cats suffering lean times. But when Beached White Males suffer, so do their wives and children." (There are about 52 million married white men in the U.S., by the way.) But it's still safe to say this thesis doesn't have anything to do with [...]

8

Happy 12/12/12

Today is the last time people can be annoying about the fact that the digits in our calendar styling are, like, the same, man, for about 98 years or so, by which point you'll be long dead. So just grit your teeth and remind yourself of that when everyone's all, "Oh my God, it's 12/12/12!" I mean, I get through most days by reminding myself that I'll be dead soon enough, but today it will have extra special significance.

11

The Real Numbers Behind 'Newsweek'

You won't want to miss this thorough WWD report on life inside Newsweek. It's mostly what you'd expect from Tina Brown: the magazine is constantly torn up, resulting in exhaustion and money burn, and, while some enjoy the thrill—being around a Tina turnaround joint is a great kind of rollercoaster!—the anonymous employee quotes are brutal. (Sample: "You’re exposed relentlessly to the truth that we’re not putting out a good magazine.")

In the long term, who knows what'll happen? For one thing, we know that Tina Brown will spend huge amounts of money until the checkbook stops delivering it. The figure always bandied about is that now NewsBeast loses [...]

49

The MoMA Admission Increase is Horrible

At MoMA, the amount of revenue from admissions (almost $25 million a year, and these are all 2010 fiscal year numbers) is quite nearly equal to the amount approved by the board for yearly spending from their investments. (The museum overall has investments valued at $642 million. You know: 2/3rds of a billion dollars.)

As well, that number is also almost exactly equal to the amount of money the museum spends on curatorial services alone—not even including exhibition costs.

Museums in this way are like newspapers (and maybe colleges as well): the subscribers to a newspaper pay for some of what they "see"—the words and pictures—but don't even [...]

0

Goldman Sachs on AOL-HuffPo: This Means Nothing for '11

For those of you who don't, somehow, do your private banking with Goldman Sachs, you won't see their just-issued report on the AOL purchase of the Huffington Post. For starters, they expect "retention compensation" to offset the Huffington Post's earnings—that the introduction of the Huffington Post will have no impact whatsoever on AOL's projected 2011 earnings. Although: "We view this acquisition as further solidifying AOL’s stance as an owner of valuable focused content channels, similar to cable networks…." Here comes the bonus: trashing Yahoo! "We consider this acquisition strategically valuable from the perspective of (1) brand building; (2) mobile distribution; and (3) differentiated content as it distinguishes AOL’s [...]

10

219,999 White Men Over 50 and Mike Bloomberg Love "Girls"

We're big fans of @girlsHBO and hope it will inspire future Hannahs everywhere to move to NYC nyp.st/MsrdTi

— NYC Mayor's Office (@NYCMayorsOffice) June 25, 2012

"About 22 percent of viewers who DVR the show are white men over age 50." Only one of them is the mayor of New York City. One other is Deputy Mayor Howard Wolfson.

48

Eleven Eleven Eleven

Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven. Eleven eleven eleven eleven eleven eleven eleven eleven eleven [...]

5

Why Do Poor People Hate iPhones?

The data suggests the people who have average or low incomes are way less likely to own iPhones! That is so inexplicable. (via)

14

Your New Taxes: Let the Frenzy of Wealth Transfer Begin!

With today's forthcoming signature by the President, the nation enters a frenzy of wealth transfer over both the next few weeks and the next two years. What does the tax bill do? Here is a fairly simple breakdown.