Big Newspaper Chains Still Hurting


Source: MediaPost
Author: Erik Sass
Location:
McClatchy Newspapers, 2100 Q St, Sacramento, CA, 95816, United States

While overall ad spending appears to be on the rebound, newspapers are suffering continuing declines in the first quarter, scuttling any hopes that the medium might enjoy a comeback. While industry-wide figures aren't yet available, first quarter results from major publishers, including the New York Times Co., Gannett, and McClatchy, give little reason for optimism.

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