Newspaper Roundup, Sponsored by Zoloft

A Wachovia analyst cut his rating on the newspaper sector today, forecasting a steeper decline in advertising revenue over the next two years. Meanwhile, Gannett employees are, not surprisingly, unhappy with the company’s decision to freeze its pension program in light of significant revenue declines. 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s