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Somebody gets it

Discussion in 'Journalism topics only' started by Guybehindtheguy, Feb 26, 2009.

  1. From last week's Advertising Age


    Cliff Notes: Publicly owned newspapers averaged an operating profit of 10.8% in the first three quarters of last year, Mr. Morton said. That's not the margin enjoyed by newspapers when they were monopolies, but it's not nothing either.

    Problems at the top
    The owners, on the other hand, are variously posting huge losses, at least on paper; watching their stock prices plunge; and, crucially, struggling to make payments on debt they took on under projections that didn't pan out.
  2. Stitch

    Stitch Active Member

    How it debt service figured into profits? For the Star Tribune for instance, is the debt used to pay for the paper on the books of Avista or the StarTrib?
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