Wednesday, July 15, 2009

News Flash: Dying Newspapers Still Make Money

Posted By on Wed, Jul 15, 2009 at 2:48 PM

Just in case you thought staff at Gannett Company-owned Tennessean were getting laid off because the paper was losing money, well, here's evidence to the contrary. In a release today, Gannett announced that they generated $175 million in 2nd quarter cash flow from their publishing (read: newspapers) division. Hooray for maintaining margins!


Comments (19)

Showing 1-19 of 19

Add a comment

Subscribe to this thread:
Showing 1-19 of 19

Add a comment

Top Topics in
Pith in the Wind

Media (72)

Phillips (53)

Politics (50)

Education (29)

Woods (17)

Law and Order (17)

By the Way (7)

Around Town (7)

Crazy Crap (6)

40 Jealous Whores (6)

All contents © 1995-2014 City Press LLC, 210 12th Ave. S., Ste. 100, Nashville, TN 37203. (615) 244-7989.
All rights reserved. No part of this service may be reproduced in any form without the express written permission of City Press LLC,
except that an individual may download and/or forward articles via email to a reasonable number of recipients for personal, non-commercial purposes.
Powered by Foundation