New York Times Co CEO Mark Thompson said the publisher is going to keep all its money losing operations under review — including those in China.
The New York Times Chinese-language Web site has been blocked in China ever since it published an article in October 2012 about the family wealth of Wen Jiabao, the former premier.
“The fact that we can’t be seen officially inside China means the revenue is not as large as we would have wished it to have been,” he said.
“If it’s a loss-making operation, they are all under constant review.”
The Chinese site’s struggles are one of several hurdles Thompson faces a little more than a year after he became CEO. He was director-general of the BBC from 2004 to 2012.
Like other media organizations, the newspaper faces unprecedented challenges because of declining advertising revenue and print readership.
Many news companies, including the New York Times Co, are hoping to tap new revenue streams in foreign markets including Asia. The newspaper last month renamed its overseas publication — the International Herald Tribune — to the International New York Times as part of the drive for global growth.
1. constant adj.
持續的；固定的 (chi2 xu4 de5; gu4 ding4 de5)
例: The machinery requires constant maintenance.
2. director-general n.
總裁 (zong3 cai2)
例: He became the director-general of the BBC last year.
3. tap v.
開發；旋開 (kai1 fa1; xuan2 kai1)
例: The government is tapping other revenue resources to make up the deficit.