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Washington Post Co. reports fourth quarter 2012 loss

Washington Post Reports Fourth Quarter Loss for 2012

The Washington Post Co. reported a fourth quarter 2012 loss of $45.4 million, or $6.57 a share as it took $113 million of charges for goodwill write downs and restructuring, mostly in its Kaplan education subsidiary. A year earlier the company earned $61.7 million or $8.03 a share

 

The New York Times Co. Posts a Loss

The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.

Senh: They gave lots of numbers, but no specific number on how much they make from digital subscriptions. Sure, they said the number of subscribers went up, but how much are they making from it.

 

Times Co. Shows Loss but Beats Forecast

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

 

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