The New York Times has reported its second consecutive loss as print and online advertising revenues declined by 14.1 % and 6.8 % respectively . Print ad revenue fell 14.1 percent, the eighth straight quarterly decline. CEO Mark Thompson said : " In digital , we saw very strong growth in mobile , desktop and virtual reality , interactive content and programmatic advertising . However , this was not enough to offset declines in traditional media display , which led to an overall decline in digital advertising . " We expect that situation to improve in the second half of the year ; in fact , we are already showing a marked turnaround in July . "
The New York Times has reported its second consecutive loss as print and online advertising revenues declined by 14.1 % and 6.8 % respectively . CEO Mark Thompson said : " In digital , we saw very strong growth in mobile , desktop and virtual reality , interactive content and programmatic advertising . However , this was not enough to offset declines in traditional media display , which led to an overall decline in digital advertising . " We expect that situation to improve in the second half of the year ; in fact , we are already showing a marked turnaround in July . "