New Delhi, Feb. 15 -- Ultimately, reports of the death of traditional media have turned out to be just fake news. Last week, as The New York Times (NYT) posted buoyant fourth quarter results, the resurgence of legacy media, as it is disparagingly called, was on full display, particularly as it came against a background of large-scale layoffs at upstarts like Huffington Post and BuzzFeed, two of the champions of new media. In the fourth quarter of 2018, NYT's revenues grew 6.2% year-on-year, with digital advertising up 11.3%. Significantly, while the company made 17% more money from print advertising than from digital in Q4 of 2017, by Q4 2018, the ratio had been reversed as it generated 17% more from digital advertising than from print. Of ...