McClatchy Reports More Sharp Revenue Declines and a Net Loss for the First Quarter of 2018

Posted Friday, April 27, 2018 11:55 am

Rick Edmonds | Poynter

More than a year ago, Craig Forman was named CEO of McClatchy with a mandate to accelerate print-to-digital transformation at its 30 properties.

In an unusually detailed quarterly earnings report, Forman claimed big progress on that goal. All areas of the operation -- subscriptions, advertising, and the news report -- are tilting fast to digital.

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McClatchy Reports More Sharp Revenue Declines and a Net Loss for the First Quarter of 2018

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