Citing the same industry-wide downward pressure on newspaper advertising that’s been afflicting its competitors the past few quarters, The New York Times Company (NYSE: NYT) said Q2 income from continuing operations declined 59 percent to $22.1 million, or 15 cents a share, compared with $53.9 million, or 37 cents a share, a year before.  Total Q2 revenues fell 3.7 percent to $788.9 million from $819.6 million. Ad revenues decreased 5.7 percent; circulation revenues decreased 0.5 percent; while other revenues rose 2.2 percent. Other highlights included in its Q2 report:

—Internet revenues grew 23.4 percent to $80.9 million from $65.6 million in Q206. The properties included in that segment are digital archives, NYTimes.com, Boston.com and About.com. In total, online businesses accounted for 10.3 percent of NYTCO’s revenues in Q2 versus 8.0 percent last year.

—Revenues for the News Media Group fell 4.5 percent to $764.2 million from $800.2 million. The group’s ad revenues decreased 6.9 percent, which was partially offset by higher online advertising revenues.

—For About.com, revenues 27.0 percent to $24.7 million from $19.4 million thanks to increased display and cost-per-click advertising. The About unit also benefited from revenues associated with the acquisition of product reviews site ConsumerSearch.com in May. Total operating costs for About grew 33.4 percent, mainly because of higher compensation costs, which the NYTCO said were related to investments in new initiatives and higher editorial costs. Operating profit grew 16.4 percent to $8.5 million from $7.3 million.