Equity Research on Gannett Co. and New York Times Co. - Newspapers Working Hard to Adapt to the Modern Media World
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/15/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Publishing - Newspapers industry and are offering free analytical research on (NYSE: GCI) and (NYSE: NYT). Register with us now to have free access to these research reports. Simply click on the link below.
Newspapers such as Gannett Co. and The New York Times Company continue to face modern day challenges as the switch from print to digital advances. Print circulation has been declining, impacting demand for print advertising which had already been hampered by the recession. Get your free reports on and at . There is no commitment to join.
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In the second quarter, Gannett saw ad revenue in its publishing segment drop by 8 percent. However, this was offset by gains in the company's broadcasting business where revenue increased by 11 percent. Overall, Gannett's second quarter earnings came in at 56 cents per share, down 3.4 percent compared to last year. report is accessible for free by registering today at
As the industry evolves, newspaper companies have been under increasing pressure to adapt to the online market and Gannet seems poised to improve its chances. The company lately announced that it is preparing to acquire media and technology company BLiNQ Media, which could better its advertising and ability to engage with customers through social networks.
Meanwhile, The New York Times may be continuing its divesture activity as rumors swirl that the company might sell its how-to website About.com to Answers.com in a deal worth around $270 million. report is accessible for free by registering today at
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