Economically-ignorant New York Times to raise prices

Email Print
FacebookTwitterShare

If your company is continually losing business, how do you attract more business? According to the Socialists who run the New York Times, you raise your prices:

NYT To Raise Prices For Newsstand Sales, Home Subscriptions

“NYTCO CEO Janet Robinson told the Newspaper Association of America’s Mid-Year Media Review the paper will raise single-copy and subscription rates. According to the AP, she said the price increases slated to take effect July 16 would result in about $7 million to $8 million in additional revenue in 2007, and $14 million to $16 million on an annual basis going forward. Home-delivery rates will be hiked 3-4 percent while the single-copy price will jump to $1.25 from $1.00 and Sunday single-copies will move to $4.00 from from $3.50.”

Here’s an even “better” money-making suggestion to the economically-ignorant folks who run the New York Times: Just raise the price of a single copy of the paper to $5 billion. Then, all you have to do is sell ONE!

4:12 pm on May 5, 2009