Edmonds: Still Looking For a Brighter Bottom Line in the Newspaper Business

Here’s a quick quiz: Three of the four large public regional newspaper companies — Tribune Publishing, Gannett and McClatchy — released third quarter financial results late last week. Which one reported:

  • Revenues up 16 percent year-to-year
  • A net profit of 17 percent
  • An even higher cash flow/operating profit of 31 percent?

Trick question. None of the above.

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