Wednesday, April 27, 2011

Newspapers have bad quarter for profits -- again

The first quarter wasn't a good time for newspaper company profits, Poynter reports. As in other recent reports, digital revenues are growing, but with such a small base that their overall impact is very little.

Meanwhile, the Business Insider reports that while the New York Times has returned to profitability, it has some major long-term problems. The problem, of course, is continued revenue declines in print. Of greater interest, though, is the swerve taken in comments that moved from profits to political attacks. As usual in comments, stupidity and ignorance rule, but there are some insightful ones worth reading.

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