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31%  
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Keyword: mediageneral

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  • Gannett, NYT, Media General report mixed results for second quarter [NYT net down 70%]

    07/16/2002 2:21:58 PM PDT · by Oldeconomybuyer · 8 replies · 187+ views
    <p>Gannett, the largest newspaper company in the country, reported higher earnings thanks to gains in its television stations, but advertising revenues at its flagship newspaper USA Today continued to decline.</p> <p>The New York Times Co. reported sharply lower net earnings compared with last year's results that included a gain from the sale of a group of golf magazines. On an adjusted basis, earnings were flat as higher circulation revenues offset a decline in advertising.</p>