Scripps Newspaper Division Sees Drop in Digital Revenues in Q2
E.W. Scripps Co.announced last week that while its consolidated revenues increased by 19% from $183 million in the second quarter of 2011 to $217 million, the company’s newspaper division has seen a 4.7% decline in revenue from a year ago to $97 million. The decline was seen on both the print and digital side. In print, the advertising decline (7.2%) outstripped circulation decline (3.7%), which is both disconcerting and heartening (i.e., people are not fleeing print…
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