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US Newspaper Web Sites Grew Their Advertising Revenues 22.3% in Q1 Over A Year Ago Which Is Great, But Their Print Editions Dipped 6.4% Which Is Terrible -- Add The Two Together and “Terrible” Wins
Philip M. Stone May 31, 2007
Newspapers are now accounting a record 7.1% of their profits from their Internet sites which is good news and bad news. Good news because they are growing their Internet revenue at a decent, if slowing, rate, but bad news because the print revenues are down so much that they make the Internet figures look better than they would otherwise be.
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