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CJR Daily (Free subscription) | 11/05/2009
The Wall Street Journal's Nat Worden makes the obvious point—one missed by some, including, apparently, lots of investors—that any potential newspaper recovery depends on print advertising not continuing to decline at 25 percent-plus clips. "Newspaper publishers are running out of costs to cut, and they need to show some real ad-revenue gains soon." — David Leonhardt...
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Law Blog - WSJ.com (Free subscription) | 11/04/2009
Newspaper publishers are running out of costs to cut, and unless they can show some real ad revenue gains soon, the rally that has ignited their stocks in recent months could fizzle.
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The Guardian (Free subscription) | 11/04/2009
... risen quite dramatically of late (as they have in Britain - see here and here ). The WSJ writer, Nat Worden , asks: "The contrarian bet on newspapers has worked so far, but how long can this continue?" Source: WSJ Advertising Media business US press and publishing Media downturn Gannett Newsquest United States Roy Greenslade guardian.co.uk © Guardian News & Media Limited...
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Law Blog - WSJ.com (Free subscription) | 11/04/2009
... Subscriber Content Preview NOVEMBER 4, 2009, 8:14 A.M. ET Comcast's Profit Rises 22% more in »BY NAT WORDEN Comcast Corp., the largest U.S. cable operator, posted a 22% increase in third-quarter earnings, as negotiations to take a majority stake in NBC Universal continue with General Electric Co. The talks, which could lead to one of the most transformative media acquisitions in decades,...