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Dissect The Gannett May Trading Report And You See It’s Not Only Newspapers Doing Terribly, So Is Broadcast, And Then Look At The NYT’s Print Advertising Revenues Down 13.2%; How Long Can This Go On?
Philip M. Stone June 19, 2008 Follow on Twitter
Gannett’s May trading report, including performance thus far this year, makes for really dismal reading for not only is the largest US newspaper group experiencing the terrible downturn in print advertising, but even its broadcast properties are doing worse than last year, and this from arguably the tightest run media group there is.
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