Wash Post Turns Profit In Second Quarter
Poynter, Monday, August 6, 2012 4:53 PM
Overall, "the Washington Post Co. posted a bigger profit in the second quarter compared to the year before," but revenues dropped 5% in that same period, and its newspaper ad revenue was down 15%, writes Steve Myers. Still, "the company’s cable and broadcast divisions remain highly profitable, more than covering losses in publishing."
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