McClatchy | Gannett Blog
McClatchy reports that its ad revenue was down 8.7 percent in October and 2.4 percent in November, helped by retail and national advertising. That compares to a drop of 10.1 percent from 2010 for the first nine months of the year. Gannett CEO Gracia Martore said November’s ad revenue, including pre-prints, was “demonstrably better,” according to Gannett Blog’s Jim Hopkins. Gannett says its newspapers are profitable – except for the Detroit Free Press, which cut back home delivery to three days a week in 2009. Sunday circulation is up at newspapers in both chains, according to executives. || Related: Media General says revenue from local media websites will be 15 percent higher this year than last and that it intends to finalize its plans for staff cuts at the Tampa Tribune by the end of the year. | Three issues for media investors in 2012 (Marketwatch)
Uncategorized
McClatchy, Gannett say ad revenue improved in November
More News
A pink slime site used AI to rewrite our AI ethics article
Even Poynter’s guide for using generative AI ethically isn’t immune from those who won’t.
March 27, 2024
Opinion | NBC News will part ways with Ronna McDaniel, but that won’t end the drama
While it’s never too late to do the right thing, this is going to leave a scar at NBC News
March 27, 2024
Baltimore’s mayor asked journalists to stop airing footage of the Key Bridge collapse. Should they?
What responsibilities do news organizations have when showing dramatic images of disasters?
March 27, 2024
How politicians abuse language to magnify fear and reflect grievances
Orwell, Trump, and the zombie apocalypse: An essay about diss, dys, and dat
March 27, 2024
Gannett sheds three news executives
A spokesperson said the moves should not be viewed as a news side cutback, but rather ‘strategic decisions to mitigate redundancies’
March 27, 2024