Monday, December 15, 2008

More bad news at Miami Herald parent McClatchy

From Editor and Publsher:
McClatchy November Ad Revenue Plunges 22%
November was no month for thanksgiving at The McClatchy Co., with The Miami Herald parent reporting Monday that total revenue for the month dropped 19.4% compared to a year ago on advertising revenue that plunged 22.4%.
McClatchy's stock price was $1.80 shortly before 1pm today.

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