Diggings

A blog by Toby Dayton

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Archive for July, 2008

“We’re Looking At Some Of The Worst Advertising Numbers In The History Of The World” – Sam Zell

The quarterly numbers for daily newspaper publishers are starting to come out, and they’re pretty ugly. The New York Times reported yesterday that earnings fell by 82% with an 11% decline in revenue. Given how bad the environment is right now for daily newspapers in general but especially given the economic environment, there shouldn’t be [...]