Profits expressed in total dollars or percentage? These guys are making just under 10% profit which is pretty reasonable.
Ask what profit margin newspapers have. I worked in the industry for 20 years and 40-50% profit margins are not unusual.
I worked for a publisher who once told me the "Owning a newspaper is a license to print money."
Dollar reporting is meaningless. Thers is no PERSPECTIVE. Last year the petroleum industry earned 7.7% on total revenue.
I'd like to know how many folks think this is "excess profits."
Then again the whiners probably are too lazy to go to work, contribute the maximum to their 401k, and are either school teachers, or are living on welfare.