Newspaper websites have transformed news consumption, making it faster, more interactive, and personalized. With real-time updates, readers get the latest stories as they unfold. Interactivity through comments and social media sharing fosters community engagement. These sites offer tailored news feeds, ensuring users receive content relevant to their interests. Multimedia elements like videos and infographics enhance storytelling, making complex information easier to understand. Despite challenges like declining print revenue and the rise of digital subscriptions, newspaper websites continue to innovate, providing a dynamic and immersive news experience for the modern reader.
For the fiscal year ended May 31, 2005, revenues increased 12 percent to $13.7 billion, compared to $12.3 billion in fiscal year 2004. Changes in currency exchange rates contributed three percentage points of this growth, while the acquisition of Converse and Starter added one point. Full year net income was up 28 percent to $1.2 billion, or $4.48 per diluted share, versus $945.6 million, or $3.51 per diluted share, in 2004.