The Washington Post Co. reported a 13.6 percent increase in second quarter profit, but net income from continuing operations fell 28.6 percent. The company announced net income of $51.8 million, or $8.84 a share, up from $45.6 million, or $5.74 a share, a year earlier. Revenue for the quarter totaled $1.0 billion, down 5 percent from $1.06 billion for the second quarter of 2011. Read full article >>

Senh: That's the probably with the newspaper industry. The increase in online ad revenue offsets only a quarter of the decrease in print.

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Welcome to Wopular

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