Philly papers to give quarterly cash awards for innovative business, editorial ideas

Technically Philly
Philadelphia Media Network CEO Greg Osberg also says “it’s going to take a couple of years to pull off this miracle” because in the past five years, the Inquirer/Daily News parent has lost half of its advertising revenue, 25 percent of subscriptions and 90 percent EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). || ALSO: PMN will release its first iPad app in November; it will be sports-focused.

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