WEDNESDAY, DECEMBER 12, 2007
Associated Press
Credit Suisse analyst
John E. Klim says newspaper publishers' ongoing revenue difficulties appear to be mostly cyclical, but that a recovery may not begin until late 2008 or whenever the housing market firms up. "Newspapers' reach remains impressive and the content remains relevant, even in this on-demand, highly fragmented media environment," he says. Most newspaper stocks are up on that report.
Posted at 12:51:58 PM
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