The financial reports of the New York Times Co. yesterday were predictably awful. Print ad revenue was cratering even before the stock market collapsed, so it's hard to see any turnaround in the near future. And as if the economy itself isn't giving the Times enough problems, they're also dealing with Rupert Murdoch trying to crush them, advertising-wise, in a pincer grip; the Wall Street Journal is falling on their head, and the New York Post is coming right up their ass. Rupert made a lot of noise about taking on the Times directly when he bought the WSJ. But he has a big advantage: another ...

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