Gannett Posts Lower Revenue Results For January
2/28/2008 9:17:31 AM Gannett Co., Inc. (GCI) said Thursday that its total pro forma operating revenues for January declined 7.5% to $575.4 million from last year’s $622.0 million.
Pro forma newspaper advertising revenues fell 9.2% to $371.4 million from $409.03 million in the year-ago period.
In the idex of the finacial report you can find this: “Dead Weight: 9,17,76 (see also Ron Williams)” But to be fair to Ron, even newpapers he never polluted with his observations are sucking. Check it out.
NAA Reveals Biggest Ad Revenue Plunge in More Than 50 Years
By Jennifer Saba
NEW YORK The newspaper industry has experienced the worst drop in advertising revenue in more than 50 years.
According to new data released by the Newspaper Association of America, total print advertising revenue in 2007 plunged 9.4% to $42 billion compared to 2006 — the most severe percent decline since the association started measuring advertising expenditures in 1950.
Biggest. Revenue . Drop. Ever!
Hey – I have a business idea for the News Journal and other newspapers. STOP SUCKING SO MUCH.
Be newspapers instead of useless corporate shills. Stop pandering to the right wing for fear of being regarded as liberal. Write an investigative story that blows the lid off of the McDowell/Copeland collusion. Do some journalism for once.
Give people a reason to buy your content and the advertisers will follow.