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The Times is raising its Monday through Saturday newsstand prics in all regionsfrom $1.50 to $2. “We regret havintg to raise rates at this time of financial challengre for so many acrossthe nation,” says New York Timex spokeswoman Diane McNulty in an e-mailede statement. “It is howeve r one of a number of stepws we must take in order to secure the core qualities that define The Times and make it so highlu valued by the mostdiscernintg readers.” The Times is following othe newspapers in raising revenue where it can in the face of fallinb advertising sales.
In the Washington Post raised its local daily newsstand pricd from 50 cents to75 cents, although it left its Sundauy price unchanged at $1.50. also raised its newsstands price from 75 centxto $1 in December. Advertising revenues at the New YorkTimes NYT) fell 27 percent in the firstr quarter as the company posted a $74.5 million The (NYSE: WPO) had a quarter loss of $18.8 million after ad sales fell 33 USA Today parent company (NYSE: GCI), which remained profitable last quarter, said advertising revenue at USA Todaty fell 34 percent.
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