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Gannett’s Shares May Have Soared But What Editorial Benefit For The Company’s Newspaper Readers?
Philip M. Stone April 21, 2010 Follow on Twitter
The financial markets reacted with glee at Gannett’s Q1 net income that was some 54% higher than a year ago, but when the company’s newspaper readers cut through the financial euphoria the results really say that cutbacks are going to continue and don’t look for much improvement (investment) in the decimated editorial product.
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