Thursday, February 11, 2010

Newspapers finish 14th straight revenue-losing quarter; some intel from Wall Street filings

From Nieman Journalism Lab:

When revenue is still seriously down, but profits are up, is that good news? The U.S newspaper companies that have reported fourth quarter 2009 results so far would have you believe it is. But based on their reports, it’s clear the industry as a whole is still in deep trouble, with no strong indication that better days are ahead.

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