The warnings come as the industry was already facing a steep downturn in advertising. The Times also reported Tuesday that newspaper advertising revenues tumbled 17.8 percent in August compared with the same month a year ago, when revenues rose 7.8 percent.
The company said in a statement that its results for both September and the third quarter would be "adversely affected by the tragic events of last week." The company did not provide more detailed guidance.
"Right now it's very difficult to assess in the short term the impact on the advertising environment," spokeswoman Catherine Mathis said.
Other major newspaper publishers have also warned that the attacks could further erode earnings. Dow Jones & Co., publisher of The Wall Street Journal, issued such a warning Monday, Gannett Co. last week, and E.W. Scripps Co. also warned on Tuesday.
© Copyright 2001 The Associated Press
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He called Bush President Clinton. Twice.
Dear John Madigan - Tribune CEO & John Carroll - LA Times Editor,
I just read Howard Rosenberg's article "Bush's Image Fails to Fill the Screen" on http://www.latimes.com/news/nationworld/nation/la-000074114sep14.story
I am extremely disgusted that you allow such trash to be printed about our Commander-in-Chief especially at this tragic time! Now, more than ever, we need to be united as a nation. Yet, apparently with your approval, Rosenberg belittles our president!
Rosenberg paints President Bush as a freckled face kid wishing he were somewhere else, unfavorably compares him to the lip-biting liar that we choked on for 8 long years, and even criticizes him for his display of compassion for the victims of Tuesday's attack!
Perhaps, both of you, along with Mr. Rosenberg, would prefer to return to that oh-so-suave president who loved the camera, except when he was cheating on his wife in the oval office, or lying under oath to the nation, or perpetrating the lengthy list of crimes for which anyone with half a brain knows he is guilty.
Perhaps you have not seen the daily polls since Tuesday reflecting the overwhelming majority of American people are more than satisfied with the way President Bush has handled this crisis since day one! Oh my! How can he be receiving such tremendous accolades from the public and the media when he is so uncharismatic? Could it be that in matters of national security, the public prefers honesty, integrity and morality rather than the polished Hollywood fictional character who lies so convincingly?
I am certain my disgust alone will not persuade any of you to rethink your positions. Rosenberg's petty attack and your approval only proves how transparently indecent you are! I do not hold out much hope for your salvation.
However, public opinion is a powerful force in our capitalist society. (Have you ever wondered why Fox News has become number one?) Your participation in this attack on our president will definitely serve to sway public opinion, as it has mine (received any cancellations yet?). Perhaps, you just like NCCI, who foolishly mandated no American flags could be displayed in their offices, may have to issue a public retraction or suffer a defeat where it counts the most to you - your declining bottom line!
Angry American
Please let John Madigan and John Carroll know how you feel too. Also, if you have any email addresses for the rest of the Fifth Column, post them here. One person can barely make a dent but an email campaign against these lefty lunatics can make a huge difference!
No,no...that's America's FILTH Column