New York Times to raise newsstand and home-delivery prices
Posted by Mica Swyers on June 21, 2007 at 9:40 AM
Starting in July, the New York Times will be raising the newsstand and home-delivery prices, its first increase since 1999, to counteract falling advertising revenue.
Beginning on July 15, the weekly and Sunday prices will increase from $1 to $1.25 and from $3.50 to $4, respectively. Those who have the paper delivered can expect a three to four percent price increase as well.
These price changes, announced by chief executive Janet L. Robinson on June 20, are projected to bring in an additional $7 to $8 million in revenue this year, followed by $14 to $16 million in 2008.
Source: The New York Times through Google
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Citizen journalism or blogging is extreme democracy but not geniune journalism, yet. Many blogger get by without the threat of libel law suits in America, but that may be changing. Most believe they can write what they want on who they want and have no responsibility, legal or otherwise. for the content of what they publish. Citizen journalism is in its "wild teenage" years and needs to mature a little for it is taken completely serious!
Danny L. McDaniel
Lafayette, Indiana USA