Tuesday, July 17, 2007

L.A. Times in big trouble

Amid a steep decline in revenue, the Los Angeles Times is planning to break with long-standing tradition by selling ads on its front page, Publisher David Hiller said Friday.

Revenue was down 10% in the second quarter, and cash flow down a whopping 27%, making it one of the worst quarters ever experienced.

Snarky comment by the blogger...."The paper already runs ads for Democrats on the front page. They might as well get paid for it."

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