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Are NBC and New York Times advertising companies? Does that make Steve Carell and Maureen Dowd advertisers? If you break it down by revenue, yes, but clearly there is much more going on than "Google is an advertising company".

NBC's customers are advertisers. The product they are selling is viewer's eyeballs.

NYT is different as they are still selling a newspaper.

> NYT is different as they are still selling a newspaper

Not really. As I understand it, ads are where newspapers and magazines make their money. The subscription fee is nice, but it is as much (or more) about qualifying their readers for advertisers as it is for the income. Take a look at the recent complaints about iOS magazine subscriptions including ads, for example.

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