NYTD Probably Will Profit in 2004

We like to closely examine the financial results of New York Times Digital as a bellwether of American online publishing. Most American newspapers’ Web sites should now be earning a profit, seven to ten years after they began publishing online; however, very few — probably less than 20 our of approximately 1,400 — are, for a variety of reasons. So, we’ve become resigned to watching if America’s premiere newspapers can profit online.

Among the points that New York Times Company President and Chief Executive Officer Russell Lewis disclosed on Wednesday at the CSFB & UBS Media Week Conferences:

    “The letter ‘O begins an answer that has now become one of NYTD’s hallmarks