Tech & Biz News
Fall in classified revenue clobbers Gannett
by mtippett | April 24, 2008 at 02:04 pm | 86 views | add comment
Gannett's, publisher of USA Today and many other newspapers is seeing their stock price and revenues continue to decline.
Eeesh. Profits for Gannett (GCI),the nation's biggest newspaper company, dove 9%, the company announced Monday morning. Classified revenue -- thanks to the Web -- is off 16%.Total revenue is down 8.4%.Source: seekingalpha.com via mtippett




