News: April 23, 2007
| US Newspapers See Classified Ad Revenues Shrink NEW YORK: A trio of major US newspaper publishers have unveiled weaker first quarter results, due to difficult classified advertising conditions brought about by a sluggish housing market. Overall, classified revenue at Tribune fell nearly 14%; at New York Times it slid 11.6%; while Gannett saw a drop of 3%. Classified revenue from real estate was down 15% at Tribune, 13.3% at New York Times and 1.5% at Gannett. Data sourced from Wall Street Journal Online; additional content by WARC staff, 23 April 2007 Print | Email | Add to Folder  Related News Stories Newspapers need new model, argues Schmidt Warc News, Apr 8, 09 US newspapers could become not-for-profit Warc News, Mar 26, 09 US Newspaper Publisher Reverses Time Warc News, Jan 23, 09 | Case Studies & ArticlesManaging Editor: Stephen Whiteside |
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