Gannett newspaper revenue falls again

The parent company of the Pensacola News Journal reports its non-broadcast revenue dropped to $300 million, compared with $361 million in August 2007, was only slightly higher than the 16.3% decrease in June and 16.7% in July. Of course, the revenue was still $300 million for August, so I wouldn’t panic.

Classified revenues were 28.0 percent lower in August. Real estate revenues were down 40.9 percent, employment revenues were 33.6 percent lower and automotive revenues declined 21.1 percent.

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”