Circulation and subscription revenue fell 6 per cent.
Circulation and subscription revenues were down Dow Jones by 5% due to lower print circulation and decline in institutional revenues.
Overall circulation, including subscriptions, fell 2.23 percent, a sharper decline than in the last two six-month periods, where subscriptions fell 1.19 percent (January to June 2009 versus the same period a year earlier) and 0.86 percent (July to December 2008 versus the same period a year earlier).
Within circulation revenue subscriptions fell by 11% and newsstand revenue fell by 21%.
The newsweekly magazines -- Time, Newsweek and U.S. News & World Report -- are all facing circulation problems: subscriptions have shrunk in the last year as American Family Publishers and Publishers Clearinghouse have ceased to lure consumers.
As the article correctly noted elsewhere, that number was its daily circulation, including subscriptions and newsstand sales; it was not its number of "average daily subscribers".
Overall magazine circulation, which includes subscription and newsstand sales, was flat at 349.9 million copies in the period, as paid subscriptions edged higher to 290.2 million copies, the Audit Bureau of Circulations reported in its biannual tally.
Over all, the profit report showed that the effect of the lingering advertising slump was offset somewhat by an 8.8percentt rise in circulation revenue, reflecting subscription price increases at The Times and at The Globe.
Increases in circulation and digital subscriptions contributed to a 0.6 percent increase in revenue, to $515.2 million.
Between December 2008 and May 2013 the proportion of circulation coming from subscriptions for these papers jumped from 26% to 41%, according to Enders Analysis, a research firm.
