Monday, October 31, 2005
Online Publishers Association: Newsletters:
"Earnings frightfully good for Google, Yahoo, WSJ
The booming online ad market helped push up revenues at Google and Yahoo to new heights, but it wasn't just ads leading the calvacade in interactive revenues. The New York Times Co. started to take in money for its TimesSelect paid content -- though it didn't disclose subscriber numbers -- while the Wall Street Journal Online added 64,000 net paid subscribers to hit 764,000. Dow Jones reported revenue growth across its Electronic Publishing unit, and its Consumer Electronic Publishing division soared with MarketWatch numbers, hitting $43.7 million in the third quarter, up from $19.2 million in the year-ago quarter without MW. The earnings for print operations weren't as robust, as the New York Times Co.'s overall net income was down by half, while its web sites saw revenues rise 31% and About.com's profit hit $3.8 million.
While old-line companies were touting digital growth, native Net companies were swimming in ad money. Google saw its revenue nearly double from the year-ago quarter to $1.58 billion, while profits were up sevenfold to $381.2 million. Plus, the revenues were shifting to money made on Google's own sites, taking a 56% share compared to 53% in the previous quarter. Yahoo's revenues were up 47% to $1.3 billion, with brand advertising and search up 46% -- though its profit was flat at $245 million. Meanwhile, MSN's ad revenues were up 20% in the quarter, while its overall revenues and profit were up only marginally.
>>DJ Electronic Publishing Rev Up 30.1 Percent For 3Q05 (PaidContent)
>>Web Buoys a Weak Quarter for NYT (ClickZ)
>>Google's Profit Jumps Sevenfold (WSJ; paid subscription required)
>>Google shares soar on hearty revenue report (News.com)
>> Yahoo! Revenues Rise, Profits Remain Flat (ClickZ)
>> Microsoft FY1Q06 Profits Up 24 Percent; Street Expected More (PaidContent)"
"Earnings frightfully good for Google, Yahoo, WSJ
The booming online ad market helped push up revenues at Google and Yahoo to new heights, but it wasn't just ads leading the calvacade in interactive revenues. The New York Times Co. started to take in money for its TimesSelect paid content -- though it didn't disclose subscriber numbers -- while the Wall Street Journal Online added 64,000 net paid subscribers to hit 764,000. Dow Jones reported revenue growth across its Electronic Publishing unit, and its Consumer Electronic Publishing division soared with MarketWatch numbers, hitting $43.7 million in the third quarter, up from $19.2 million in the year-ago quarter without MW. The earnings for print operations weren't as robust, as the New York Times Co.'s overall net income was down by half, while its web sites saw revenues rise 31% and About.com's profit hit $3.8 million.
While old-line companies were touting digital growth, native Net companies were swimming in ad money. Google saw its revenue nearly double from the year-ago quarter to $1.58 billion, while profits were up sevenfold to $381.2 million. Plus, the revenues were shifting to money made on Google's own sites, taking a 56% share compared to 53% in the previous quarter. Yahoo's revenues were up 47% to $1.3 billion, with brand advertising and search up 46% -- though its profit was flat at $245 million. Meanwhile, MSN's ad revenues were up 20% in the quarter, while its overall revenues and profit were up only marginally.
>>DJ Electronic Publishing Rev Up 30.1 Percent For 3Q05 (PaidContent)
>>Web Buoys a Weak Quarter for NYT (ClickZ)
>>Google's Profit Jumps Sevenfold (WSJ; paid subscription required)
>>Google shares soar on hearty revenue report (News.com)
>> Yahoo! Revenues Rise, Profits Remain Flat (ClickZ)
>> Microsoft FY1Q06 Profits Up 24 Percent; Street Expected More (PaidContent)"
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