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April 15, 2005

LA Times Circulation Down and Out

Posted in: Business,General

In a follow up to the earlier post “Newspaper Circulation Dropping; Who Could Have Seen That Coming?”, comes even more bad news from the newspaper word, LA Times circulation down 5.5%.

Though executives declined to break out individual paper’s Fas-Fax numbers, which are due out in May, Smith acknowledged the Times will drop more than 5.5%

Even the Wall Street Journal was not spared from terrible numbers. What is most telling was that their internet operations were more profitable than the “flagship Journal”.

Earnings plunged by 54 percent at the newspaper’s parent Dow Jones & Co., with its fledgling online operations earning more money for the first time than the flagship Journal and the weekly Barron’s.

One of the few bright spots in the newspaper print medium was USA Today.

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