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Media analyst: "(Newspapers) haven't yet reached a bottom..."

Discussion in 'Journalism topics only' started by Tucsondriver, Jul 25, 2008.

  1. Tucsondriver

    Tucsondriver Member

    June gloom highlights industry's disastrous Q2, with McClatchy, Lee and Scripps leading the implosion, AP story says. July's early suggest trend likely to continue or get worse. Publishers will no doubt appreciate the irony that their obit is accompanied by the charts and grafs they're clamoring for!

    "It really shows we haven't yet reached a bottom for revenue declines," said Mike Simonton, a media analyst with Fitch Ratings


    http://biz.yahoo.com/ap/080724/earns_newspapers.html?.v=2
     
    Tucsondriver, Jul 25, 2008
    #1
  2. BYH

    BYH Active Member

    You can't reach bottom if it doesn't exist.
     
    BYH, Jul 25, 2008
    #2
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