Gannett Q3 Revenue Falls on Newspaper Weakness

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.


No comments on this item Please log in to comment by clicking here

Scroll the Latest Job Opportunities From The Media Job Board