McClatchy: Revs Down 19.4% For November

  • December 15, 2008
The McClatchy Company reported that consolidated revenues in November 2008 decreased 19.4% and ad revenues dropped 22.4% compared to revenues in November 2007. Declines in print advertising were partially offset by a 7.5% gain in online advertising revenues. For the first 11 months of 2008, total revenues declined 15.9% and advertising revenues declined 17.8%. Online advertising grew 10.6%.

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