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Washington Post's profits dive by 50%
Guardian ^
| 8/5/11
| Mark Sweney
Posted on 08/05/2011 7:15:53 PM PDT by Nachum
The Washington Post has reported a 50% plunge in profits for the second quarter of 2011, as advertising revenue at its print and online businesses suffered double-digit declines. The Washington Post Company, which is quoted on the New York Stock Exchange, also reported that its education unit, Kaplan, had a tough quarter, with operating income plunging 82% to $20.5m and revenues falling 15% to $628.7m. Overall profits at the Washington Post Company for the three months to the end of June were $45.6m, a 50% decline on the $91.9m the company reported in the same period last year.
(Excerpt) Read more at guardian.co.uk ...
TOPICS: Business/Economy; Front Page News
KEYWORDS: dive; greenshoots; liberalmedia; newspapers; posts; profits; washington
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1
posted on
08/05/2011 7:15:55 PM PDT
by
Nachum
To: Nachum
Ahh, good news to brighten up my evening. Thanks.
2
posted on
08/05/2011 7:17:26 PM PDT
by
Signalman
To: Nachum
Another commie rag biting the dust.
3
posted on
08/05/2011 7:17:36 PM PDT
by
Jim Robinson
(Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
To: Jim Robinson; Signalman
Have to have something to smile about...
4
posted on
08/05/2011 7:19:00 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: abb
Washington Poo in deep doo ping.
5
posted on
08/05/2011 7:21:39 PM PDT
by
Zakeet
(If it ain't broke, the Wee Wee will fix it until it is)
To: Nachum
6
posted on
08/05/2011 7:22:39 PM PDT
by
TribalPrincess2U
(The democRATS—just doing the groundwork for al Qaeda?)
To: Nachum
So not everything sucked this week...
7
posted on
08/05/2011 7:22:58 PM PDT
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: Signalman
8
posted on
08/05/2011 7:24:04 PM PDT
by
max americana
(FUBO NATION 2012 FK BARAK)
To: TribalPrincess2U
The WAPO should DOUBLE their lies and propaganda and that should help them dive another 50% into bankruptcy.
9
posted on
08/05/2011 7:25:32 PM PDT
by
max americana
(FUBO NATION 2012 FK BARAK)
To: Nachum
Nice to have a glimmer of good news in the midst of all this
“hope and change.”
10
posted on
08/05/2011 7:27:09 PM PDT
by
Allegra
(Hey! Stop looking at my tagline like that.)
To: Nachum
Wait! Liberal say profits are evil so this should be a good thing for the WaPo. Yes?
11
posted on
08/05/2011 7:27:18 PM PDT
by
SkyDancer
(You know, they invented wheelbarrows to teach government employees how to walk on their hind legs.)
To: Nachum
Just like they increased their profits hounding out Richard Nixon, let them try something like that again!
Board of Die-rectors - HELLO!
To: Signalman
I agree. That is what I call good news.
To: SkyDancer
Absolutely. They are fulfilling their mission for economic justice.
Bleh.
14
posted on
08/05/2011 7:28:24 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Nachum
Obviously ,they need to move further to the left. /s
To: Nachum
16
posted on
08/05/2011 7:34:17 PM PDT
by
wolfman
To: Nachum
Good to see the Kaplan scam running into trouble. It should be shut down and all it’s officers jailed for college loan fraud.
17
posted on
08/05/2011 7:36:06 PM PDT
by
Minn
(Here is a realistic picture of the prophet: ----> ([: {()
To: Nachum
Ah, I love the smell of Dinosaur Media dying in the morning!
18
posted on
08/05/2011 7:37:53 PM PDT
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: Nachum
If it wasn’t for that Kaplan scam they’d be bankrupted and folded by now
19
posted on
08/05/2011 7:38:08 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
To: abb
20
posted on
08/05/2011 7:39:07 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
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