Gannett executives said the company, the country's largest newspaper chain, would garner record revenues in 2005, despite a difficult advertising environment. The increase in online revenues--up a
whopping 52 percent this year--is partly responsible for Gannett's rosy picture. Online represents 7 percent of the company's total revenues, Gannett executives said. In related news, Craig Dubow,
Gannett's president and CEO, acknowledged that his team is taking "a hard look" at the sale of Knight Ridder, but refused to say more.
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