About the best the New York Times can say about the U.S. newspaper advertising woes is that the freefall isn't much of a freefall any longer --- the decline is slowing, in other words.

But a decline it remains, and a serious one --- in the 20-per-cent range for the current and foreseeable quarters. If the declines seem less serious year-over-year, it might have something to do with the off-the-cliff numbers late in 2008, making this year's seem less dramatic.

Having said that, some newspaper stocks have started to creep up in value.
 


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