Gannett Q3 Revenue Falls on Newspaper Weakness
Posted: 10/21/2013 | By: Jennifer Saba | Reuters
n">Oct 21 (Reuters) - Gannett Co Inc, the largest U.S.
newspaper chain, reported a 4 percent drop in third-quarter
revenue on Monday because of a decline in advertising sales,
mainly at its papers.
Publishing revenue fell to $858.1 million on a 6 percent
slide in advertising revenue. Circulation revenue dipped 0.6
percent. Gannett, whose properties include USA Today, started
charging for digital content a year ago at its U.S. newspapers.