Lee Newspapers See Decline in 2Q ...

From MediaPostNews:

Erik Sass, Jul 20, 2010 05:17 PM

Judging by the latest round of quarterly results from major publishers, the newspaper business is still hurting, despite moderating declines. This includes Lee Enterprises, publisher of the St. Louis Post-Dispatch, among other newspapers, which revealed that total revenues declined 3.6% from $203.7 million in the second quarter of 2009 to $196.4 million in the second quarter of 2010.
 
Next thing you know they'll be selling the presses for scrap metal.
 
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