Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: LindyBill	4/16/2005 12:46:05 AM
	Read Replies (2) of 793790

The Big Slide rogerlsimon.com Tribune Publishing President Scott Smith has an explanation for the continued circulation deline, 5.5% this time, of my hometown paper the Los Angeles Times (owned by the Chicago Trib): Q1 circulation revenue for the company was down 9% due to "volume discounts." The largest revenue drops occurred at the Los Angeles Times and Newsday. Excluding the two papers, circulation revenue for the company would have been down 4%. This piece of information didn't keep analysts from circling around the L.A. Times. When asked why the paper is experiencing such steep circ losses compared to the competition's -- the Los Angeles Daily News, for example, was flat last period -- Smith explained the Times relied too heavily on telemarketing. That, along with the implementation of tighter controls on field sales, contributed to the drop-off. "Field sales" and that pesky "telemarketing" again. Good. I was beginning to worry some readers might have suspected the slide had something to do with the product itself. What a relief.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next