Posts Tagged ‘profit’

Washington Post Newspaper Division Slows Losses

Thanks to its cable and education businesses, the third-quarter profit of the Washington Post Co. jumped 69 percent.
The good news would have been better if not for the fortunes of the newspaper division, which includes the flagship Washington Post plus some lesser-known papers.

Newspaper Financial Warning Label!

Now comes good news from the New York Times, which is announcing a second-quarter profit on the back of all kinds of cost savings.
The company issued a thorough breakdown of all its money successes and failures, all of which gets bookended by the following passage, which says it all in this media environment:
Except [...]