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Newspaper Data
Tuesday 31 July 2007 Pearson raises revenue outlook despite lossBy Leah McBride Mensching, Tuesday 31 July 2007 at 20:43 :: Newspaper Data Pearson PLC has boosted its revenue growth forecasts for the year, even as it reported losses in the first half due. Losses for the publisher of the Financial Times newspaper and Penguin books are due to the weakening U.S. dollar and the sale of its government-services unit. Guardian: Cash-for-trash journalism declines in U.S., UKBy Erina Lin, Tuesday 31 July 2007 at 20:37 :: Newspaper Data “The rejection of celebrity-based journalism in Britain with the decline of red-top newspapers is being echoed in the States,” writes The Guardian's Roy Greenslade. One of the popular U.S. supermarket check-out weeklies, Star, is facing problems. According to sources familiar with the magazines, “the title will not make its $1.5 million rate base for the first half of this year, and is considering another rate-base reduction, to as low as $1.2 million, for next year.” Thursday 26 July 2007 ABCe: Times up as Guardian and Telegraph dropBy Erina Lin, Thursday 26 July 2007 at 21:32 :: Newspaper Data Timesonline.co.uk is the only UK national newspaper Web site reporting a significant gain in readers and increased monthly traffic, according to figures released Thursday by ABC Electronic. The Guardian and Telegraph both posted month-on-month unique users down, while the Sun saw the number of unique users barely up versus the prior month. Wednesday 25 July 2007 Tribune profit takes 59 percent diveBy Leah McBride Mensching, Wednesday 25 July 2007 at 22:19 :: Newspaper Data Due to a drop in ad sales, the Tribune Company has announced its second-quarter profit fell 59 percent. The company's net income dropped to $36.3 million from $87.8 million. That's a 10 cent drop per share, from 28 cents to 18 cents, Tribune said today in a statement. In the period that ended July 1, sales fell 6.8 percent to $1.31 billion. Tuesday 24 July 2007 First Welsh-language newspaper confident of successBy Leah McBride Mensching, Tuesday 24 July 2007 at 22:48 :: Newspaper Data The first ever Welsh-language newspaper, Y Byd, will launch next March, and is confident it will be successful. Ned Thomas, a former Times journalist, is the force behind the publication, and has said there has never been a better time to start a Welsh newspaper. Tuesday 17 July 2007 Tribune Co. shares could fall after newspaper's 'worst quarter'By Leah McBride Mensching, Tuesday 17 July 2007 at 00:30 :: Newspaper Data Cash flow at the Tribune Company's largest newspaper, the Los Angeles Times, fell 27 percent in the second quarter, which could cause the company's shares to fall. Publisher David Hiller wrote in a July 13 memo to employees that a 10 percent drop in sales, in addition to fewer advertising pages, couldn't be saved by gains in ad supplements and Internet advertising at the newspaper. |
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