The New York Times, Washington Post And Tribune: Newspaper Cuts
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From 24/7WallSt
Judging by the new circulation numbers for some of the big dailies, there parent companies are in for some more bad news. The New York Times, owned by NYT (NYSE: NYT), had a circulation drop of 1.9% to just over 1,120,000 for the six month period ending March 31. The company's other big paper, The Boston Globe, had a drop of 3.7% to just above 382,000.
The Washington Post, owned by WPO (NYSE: WPO), fell 3.5% to just over 699,000. And, the TRB's (NYSE: TRB) Chicago Tribune had a circulation drop of 2.1% to just under 567,000.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
Judging by the new circulation numbers for some of the big dailies, there parent companies are in for some more bad news. The New York Times, owned by NYT (NYSE: NYT), had a circulation drop of 1.9% to just over 1,120,000 for the six month period ending March 31. The company's other big paper, The Boston Globe, had a drop of 3.7% to just above 382,000.
The Washington Post, owned by WPO (NYSE: WPO), fell 3.5% to just over 699,000. And, the TRB's (NYSE: TRB) Chicago Tribune had a circulation drop of 2.1% to just under 567,000.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
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