NYT swings to a Q2 loss on $195M About.com charge; digital circ up 13%

For a time, About. com, acquired for $410 million in 2005, was the bright spot in New York Times earnings season. Those days are a blur in the rearview mirror, reflected in the second-quarter earnings released Thursday with a $194. 5 million writedown of good will. The non-cash charge helped NYTCo to a $143. 6 million loss for the quarter compared with a profit of $31.