Times's Running Out?

From time-to-time, I point out that newspapers are tanking. No one seems to notice, except when they're trying to make some other point.

Spin it however you like: they're still tanking.

Here's the money quote, about the New York Times, from the article linked to, above:

The stock has taken a 40% dive, from its June 20, 2002 high of $52.79 to a Friday close at $31.20. The Times’ daily and Sunday circulations both declined more than 3% between March 2002 and March 2005.

This, in a period when the economy has boomed.