The New York Times Style Magazine
ORG
The New York Times Style Magazine The New York Times The New York Times Company The New York Times Media Group
The New York Times Company declared that its fourth-quarter profit fell 41 percent, largely because of expenses due to job cuts. Net income of this company fell to $64.8 million, or 45 cents a share, compared with $110.2 million, or 75 cents a share, in the quarter a year earlier. Total revenue in the period rose 3 percent, to $931 million. In the conference call, Executives said that they expected minimal fall-off because the price increase was modest and the paper was offering more coverage than it did in 2002, including Thursday Styles, the Escapes section on Fridays and T: The New York Times Style Magazine, as well as enhanced coverage of the arts, travel, business and real estate.