Print Sales Rose 5.8% in Christmas Week (publishersweekly.com)

The New York Times has changed its terms of service to forbid the scraping of its content for use in AI training, reports state. In this update of the terms, the Times prohibits use of “robots, spiders, scripts, service, software or any manual or automatic device, tool, or process designed to data mine or scrape” its content. In general, the Times warns that engaging in a prohibited use of its services may result in “civil, criminal, and/or administrative penalties, fines, or sanctions against the user and those assisting the user.”

Costco Wholesale Corporation reported net sales of $23.48 billion for the retail month of March, the five weeks ended April 7, 2024, an increase of 9.4 percent from $21.46 billion last year. Net sales for the first 31 weeks were $146.64 billion, an increase of 6.4 percent from $137.77 billion last year.

The New York Times Company announced third-quarter 2017 diluted earnings per share from continuing operations of $.20 compared with $.00 in the same period of 2016. Adjusted diluted earnings per share from continuing operations (defined below) was $.13 in the third quarter of 2017 compared with $.06 in the third quarter of 2016. Operating profit was $33.0 million in the third quarter of 2017 compared with $9.0 million in the same period of 2016, largely due to higher digital subscription revenues and lower severance costs, which more than offset lower print advertising revenues. Adjusted operating profit (defined below) was $56.5 million in the third quarter of 2017 compared with $39.2 million in the third quarter of 2016, principally driven by strong digital subscription revenues, which were partially offset by lower print advertising revenues. Mark Thompson, president and chief executive officer, The New York Times Company, said, “We had a strong quarter once again, with solid growth in digital subscriptions, digital advertising and subscription revenue and overall profitability. Click Read More below for additional information.