11. Gannett also last week said it expects slower profit growth next year because of higher newsprint costs and slightly lower advertising. 12. Gains from newspapers would have been greater, News Corp. said, had it not been for rising newsprint costs. 13. Higher newsprint costs and a slowing economy offset higher advertising rates, News Corp. said. 14. Hollinger International Inc. said second-quarter profit more than doubled, better than expected, because of lower newsprint costs. 15. Hollinger Inc. reported a first-quarter profit compared with a loss in the year-earlier period, because of lower newsprint costs and higher advertising revenue. 16. In its publishing business, Tribune benefited from lower newsprint costs. 17. Knight-Ridder Inc., Times Mirror Co. and Washington Post Co. said third-quarter earnings rose on higher advertising revenue and lower newsprint costs. 18. Knight-Ridder Inc. said fourth-quarter profit more than doubled, as lower newsprint costs and cost-cutting more than offset a decline in revenue. 19. Launching a new daily newspaper in a market where newsprint costs are soaring and advertising revenues drooping may not seem such a smart move. 20. Many newspapers raised prices in the past few years to make up revenue lost to economic problems and high newsprint costs. |
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