The McClatchy Co. reported that consolidated revenues in April 2008 decreased 14.6% and advertising revenues were down 14.8%, compared to revenues in April 2007. Print ad declines were partially
offset by a 14.3% gain in online advertising revenues. For the first four months of the year, total revenues declined 14.0% and advertising revenues declined 15.2%. Online advertising grew 11.6% in
the first four months of 2008.