Gannett announce increased profits

The American owners of Newsquest have announced first-quarter profits double those of last year.
Gannett released figures on Friday that showed advertising revenues have improved in every section in the States.
Chairman Craig A. Dubow said the company had reduced it’s debt by $260m during the quarter.
Net income was $119.4m, up from just $57m in the same quarter last year.

State of Play: Light at the end of the tunnel?


Leave a comment

Filed under Journalism

Leave a Reply

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

You are commenting using your 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