IT AIN’T ALL BAD

Wick, you’re right that traditionally run major dailies are suffering some big hits from national advertising cutbacks, but most are still immensely profitable. Amid the doom and gloom, I know of one success story: a local publisher of weekly newspapers that saw a 67% increase in revenues from 2003 to 2004, and then another 49% gain this year. And national advertising for this group has increased more than 300% this year alone. I’m just saying…

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