Mcclatchy, Media General, NYT Co. Have Good Second Qs But Ad Revenue Down 26% in Period, While Classified off 40% (The New York Times Co) (Financial Report) Mcclatchy, Media General, NYT Co. Have Good Second Qs But Ad Revenue Down 26% in Period, While Classified off 40% (The New York Times Co) (Financial Report)

Mcclatchy, Media General, NYT Co. Have Good Second Qs But Ad Revenue Down 26% in Period, While Classified off 40% (The New York Times Co) (Financial Report‪)‬

NewsInc 2009, August 3, 21, 30

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Publisher Description

With all but one of the publicly traded newspaper businesses having reported quarterly earnings, it can be safe to say that newspaper ad revenue plunged almost another 26-3/4 percent when compared to the same period last year, with classified ad revenue down the sharpest of all the categories, with an average (of those companies that cared to report the number) of 40.3 percent. A number of the reporting businesses made sufficient expense cuts in the quarter to be able to provide actual net income for the period. By the numbers:

GENRE
Business & Personal Finance
RELEASED
2009
August 3
LANGUAGE
EN
English
LENGTH
7
Pages
PUBLISHER
The Cole Group
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
80.4
KB

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