The New York Times Co. will increase the Monday-Saturday newsstand cost of its flagship paper by 25 cents to $1.50, the publisher said Wednesday.
Times Chief Executive Janet Robinson said the price increase for The New York Times will take effect Aug. 18. The last increase came a year ago. The company recently announced a 4.5 percent increase in home delivery prices for the paper that takes effect this month, the second bump in a year. The increases helped overall circulation revenue rise 2.5 percent in the latest quarter.
The increase will not affect the Sunday edition of the Times, which sells for $4 at the newstand in the New York metropolitan area and $5 in other parts of the country.
The move comes a week after The Wall Street Journal said it would boost its newsstand price by 50 cents to $2 starting July 28 to reflect both new content and higher costs.
Newspaper publishers are battling sharp rises in newsprint costs and deep declines in advertising revenue.
(This version CORRECTS background on home delivery price increases)
