The New York Times May Have Online Troubles, Too

The New York Times devoted a third of its quarterly conference call to 10% of its business: digital.  Analyst Douglas McIntyre at 24/7 Wall Street notes that even this business may not be doing so well:


As the data from Hitwise shows, traffic to the website has dropped 15% over the last year. In a note from teh audience measurement company: According to Hitwise, the US market share of visits to the website is down 15% comparing July 2007 versus July 2006. Please note that this figure represents traffic to websites and does not include traffic to sub-domains such as .

The company said In the second quarter, internet revenues grew 23.4 per cent to $80.9 million from $65.6 million in the second quarter of 2006. But, the NYT’s franchise grew more quickly: Total About Group revenues increased 27.0 per cent to $24.7 million from $19.4 million  So, growth at the company’s online versions of its print properties was not as strong.
Perhaps the drop in audience at contributed.

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