Tuesday, November 01, 2005

'05 Proving To Be Worst Newspaper Year Since Recession

MediaPost Publications: "IT'S OFFICIAL: 2005 WILL BE the newspaper industry's worst year since the last ad industry recession. And things aren't looking much better for next year either, according to a top Wall Street firm's report on newspaper publishing. 'Sadly, 2005 is shaping up as the industry's worst year from a revenue growth perspective since the recession impacted 2001-2002 period,' says the report from Goldman Sachs, adding a warning that meaningful growth in 2006 is 'very unlikely.' "

No comments: