Buffalo News Reports Lowest Profits in Decades

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By: James Fink | BizJournals.com

For the first time in at least 25 years annual operating profits at the Buffalo News  fell below $10 million and the paper is exploring the possibility of perhaps charging for online content to offset circulation declines.

Publisher Stanford Lipsey, in delivering his annual “State of the News” address to the paper’s staff, said its operating profit last year decreased 43 percent to $9.3 million from $16.2 million in 2010.































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