The company The New York Times Co., Which is the publisher of the same newspaper, said that as of June 1, 2009 the price of its rooms will be increased. Reported AFP.
According to the company, the price of the rooms, which go from Monday to Saturday, will be increased from half to two dollars. Sunday numbers, which are now worth four dollars in New York and five dollars in all other states, will be sold for five or six dollars, respectively.
Explaining the reason for this decision, the company stated that they wanted such a way to support the quality of its publications.
Previously, the publisher reported a reduction of staff and salaries. In addition, the company took a loan of 250 million dollars from the Mexican businessman Carlos Slimsa.
In April 2009 The New York Times Co. stated that suffered a quarterly loss of $ 74.5 million dollars. At the same time, she reported a decrease in advertising revenue at 30 percent.