'New York Times' Raises Prices, Again

THE New York Times is raising its prices for the second time in less than a year to help the newspaper offset a steep drop in advertising revenue.
The newsstand price for the Times' weekday and Saturday editions will go up to $2 effective June 1, up from $1.50. The 33 percent increase comes just 11 months after the third largest U.S. daily newspaper last raised its prices.
The price for the national edition of the Sunday newspaper will rise to $6, an increase of a dollar. In New York, the Times' Sunday newspaper will cost $5, also a $1 more.
The company that owns the Times lost $74 million during the first quarter as its advertising revenue plummeted by 27 percent from the same time last year.

Source: editorandpublisher.com

The Times raises weekday price to 90p

NEWS International today increased the cover price of the weekday edition of the Times by 10p to 90p.
The Times ran a small story on page 2 of its Saturday paper this week telling readers about the planned changes; another article explained that the price rise was being made against a background of rising newsprint costs and the economic downturn.
Its price rise means the paper is again the same price as the Daily Telegraph, which is published by Telegraph Media Group.
The Guardian, published by Guardian News & Media which also publishes MediaGuardian.co.uk, remains 80p, while Independent News & Media's weekday Independent costs £1.
Among the other quality papers, the Financial Times remains £1.80, while the Saturday edition of the Times remains £1.50 and the Sunday Times £2.
The move follows the Times taking the unusual step of raising its cover price to 80p in September to match the cost of the Telegraph for the first time since the price wars of the mid-1990s.
However, later that month the Telegraph raised its weekday price to 90p; the Times has now again moved to match the price of its rival.
"It gives us no pleasure to ask readers to pay more in what will be a tough year for so many people, but I am afraid it was inevitable against the background of the economic downturn and the ever-rising cost of newsprint," wrote columnist Sally Baker, in the feedback section of the Times on Saturday.
In July last year, the Times launched a free home delivery service through which readers within the M25 could order the daily and the Sunday Times. The move followed a full-colour relaunch of the paper in June

Source: Guardian.co.uk