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Q2 At Gannett: Earnings Fall 21%

  • Poynter, Tuesday, July 17, 2012 4:51 PM

"Gannett Co.'s second-quarter earnings fell 21% as fresh investments in digital media failed to offset ongoing declines in print advertising at the publisher of USA Today," writes the Wall Street Journal's William Launder.

In fact, the print ad revenue was down 8% this second quarter as compared to last year's figures, writes Julie Moos.

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