Not really!
And the proof of this is that the New York Times is progressively going bankrupt because no is buying their papers, reading their disinformational crap, or putting ads in their worthless paper.
Do owner Sulzberger and Chief Editor Keller have a subconcious journalistic suicidal death wish?
How else can anyone explain their inexplicable journalistic malpractices.
May the NYTs RIP!
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NYT: Support for Obama among Bush backers
Poll finds Obama would defeat McCain if the election were held now
By JIM RUTENBERG and MARJORIE CONNELLY
The New York Times
updated 9:11 p.m. ET, Thurs., Oct. 23, 2008
Senator Barack Obama is showing surprising strength among portions of the political coalition that returned George W. Bush to the White House four years ago, a cross section of support that, if it continues through Election Day, would exceed that of Bill Clinton in 1992, according to the latest New York Times/CBS News polls.
Underscoring the building strength of Mr. Obama’s candidacy in the final phase of the campaign, he was ahead of Mr. McCain among various groups that voted for Mr. Bush four years ago: those with incomes greater than $50,000 a year; married women; suburbanites; white Catholics, and is even competitive among white men — a group that has not voted for a Democrat over a Republican since 1972, when pollsters began surveying people after they voted.
Of potential concern for Mr. Obama’s strategists, a third of voters surveyed said they knew someone who does not support the Illinois Democrat because he is black. And, coming shortly after Mr. Obama’s running mate, Senator Joseph R. Biden Jr. of Delaware, warned a group of Democratic donors that foreign leaders would test a President Obama in the first months of his term, voters are closely divided about Mr. Obama’s ability to handle a crisis.
Obama would defeat McCain
But, overall, the poll found that Mr. Obama would defeat Mr. McCain if the election were held now, with 52 percent of those identified as probable voters saying they would vote for Mr. Obama and 39 percent of them saying they would vote for Mr. McCain. Among registered voters, the spread between the two is almost identical, with 51 percent saying they would vote for Mr. Obama and 38 percent saying they would vote for Mr. McCain. A New York Times/CBS News poll taken a week ago showed a similar margin of victory for Mr. Obama.
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NYTimes profits slide; S & P downgrades credit rating
Oct 23 07:26 PM US/Eastern
The New York Times Co. reported a steep drop in third-quarter profits on Thursday, the latest gloomy earnings report in an industry battered by online competition and falling print advertising revenue.
The New York Times Co. said net profit fell by 51.4 percent in the third quarter to 6.5 million dollars, or five cents per share, from 13.4 million dollars, or nine cents per share, in the same period a year ago.
The company, which owns About.com, The Boston Globe, International Herald Tribune and 16 other daily newspapers besides the flagship The New York Times, said overall advertising revenue fell by 14.4 percent during the quarter.
Shortly after the release of its results, Standard & Poors said it was lowering the Times's credit rating to "BB-," or junk status, while Moody's Investors Service said it was placing it on review for possible downgrade.
Moody's changed the rating outlook for the company to negative from stable in July. A further downgrade would reduce it to junk status. Both companies said the moves were based on the uncertain outlook for newspaper advertising.
Print advertising revenue has been declining at newspapers across the United States as circulation drops, more readers go online for their news and advertisers shift their dollars to the Internet.
The New York Times's share price rose slightly on Wall Street on Thursday, gaining 0.19 percent to close at 10.70 dollars, but was down 3.74 percent to 10.30 dollars in after-hours trading.
The Times said print advertising revenue fell by 18.5 percent in the third quarter while online revenue from NYTimes.com and other websites rose by 2.5 percent.
"The decline in print advertising revenues this quarter accelerated as the economy slowed," New York Times chief executive Janet Robinson said in a statement.
While print advertising revenue fell, online advertising revenue grew by 10.2 percent in the quarter to 74.4 million dollars, The New York Times said, and now accounts for 12.4 percent of revenue, up from 10.6 percent in the third quarter of 2007.
It said total revenue fell 8.9 percent in the quarter to 687 million dollars from 754.4 million in the same quarter last year.
Circulation revenue rose by one percent due to an increase in home-delivery and newsstand prices for the paper.
The company said it managed to reduce operating costs by 6.8 percent during the quarter and "given the adverse economic conditions, we will continue our strict cost discipline."
The New York Times also indicated in its statement that it may cut its dividend. "Our board of directors plans to review our dividend policy before the end of this year to determine what is most prudent in light of the overall market conditions," said Robinson.
It also said it was looking at writing down the value of assets in its New England Media Group, which includes the Boston Globe, by 100 million dollars to 150 million dollars.
