Online revenue growth surpassed that of print in the second quarter for both The New York Times and Dow Jones, according to their earnings reports, writes MediaPost. For the Times Company, online ad revenues were up 27 percent - and its recently purchased property About.com is estimated to have increased ad revenue 39 percent. About.com had an operating profit of $2.5 million on revenue of $12 million.

(Advertising revenues for the Times grew 3.8 percent in the quarter; but, excluding About.com, revenues were up just 1.7 percent, reported MediaWeek.)

Net income at the Times Company - which publishes the New York Times, Boston Globe, and International Herald Tribune - dropped to $60.8 million (including a $10 million charge for staff-reduction costs), compared with $75.7 million last year.

For Dow Jones, online revenues jumped to $128.4 million - up 33.5 percent since last year. The company attributed the increase in online revenue in part to MarketWatch, which it acquired in January.

Its online operations grew to represent almost half the revenue of print, up significantly from a year ago, when online represented just a fifth.