Reuters: U.S. newspaper Web sites deliver slower growth
Excerpt:
"U.S. newspaper publishers are betting the Internet is the key to their survival, but a worsening classified advertising slump is hampering efforts to make good on their digital strategies.
Some publishers reporting first-quarter financial results this week said online ad revenue growth rates slowed. One, The New York Times Co., lowered its 2007 online growth forecast to below its previous estimate of 30 percent.
"My sense is this is a real red flag for the industry," said Ken Doctor, a media analyst for Outsell Inc. "Rapid online growth appears to be dimming. That's a big problem.""
http://today.reuters.com/news/articlenews.aspx?type=internetNews&storyid=2007-04-20T224800Z_01_N2036825_RTRUKOC_0_US-NEWSPAPERS-ONLINE.xml&src=rss&rpc=22
Alex
Saturday
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment