The 'Times' Makes More Than Half a Million Dollars a Day on Papers' Websites

Over the course of 2010, the digital advertising revenues for the New York Times News Media Group — that’s largely the papers’ websites, like the Globe and the Times — were $212.2 million. That’s $581,369 a day. Continuing the trending, print revenues were down and Internet revenues were up — all told, digital income was 16.2% of the Times Company’s revenue throughout 2010. Total debt and “capital lease obligations” stand at about $996 million; operating profit for the year was $384.3 million.