June Swoon for Newspaper Revenue; Q2 Bad, If Not Worse Lee Net Plunges 84%, Mcclatchy Down 44%, Gannett off 34% (Financial Report)
NewsInc 2008, July 28, 20, 28, 2
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Publisher Description
June swooned for the newspaper business and took the entire quarter with it, as newspaper companies reported the continued plummeting of ad revenue. Most companies took pains to point out that they were merely victims of a stagnant economy and those who do business in Florida or California -- which is most of them -- continued to be hammered by collapsing real estate prices. By the numbers:
GENRE
Business & Personal Finance
RELEASED
2008
July 28
LANGUAGE
EN
English
LENGTH
8
Pages
PUBLISHER
The Cole Group
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
65.3
KB
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