Thursday, August 2

Belo: Sinking Newspaper Revs

A.H. Belo, which publishes the Dallas Morning News among other newspapers, saw total revenues decrease 5% from to $109 million in the second quarter of 2012, the company announced Wednesday. Total advertising revenues sank 8%, from second-quarter 2011 to second-quarter 2012, with display ads down 15% to $21.5 million, preprint revenue down 1% to $20 million, and classifieds down 13% to over $13 million. Total digital ad revenues increased 1% to $9 million, while circulation revenues decreased 3% to $34 million.

Last week McClatchy, which publishes newspapers including The Miami Herald, Sacramento Bee and Charlotte Observer, reported that total revenues slipped 4.8% to $299 million in the second quarter of 2012.

Lee Enterprises -- which owns almost 50 daily newspapers, including the St. Louis Post-Dispatch -- said total revenues decreased 4.3% to $179 million in the second quarter of 2012, due mostly to a nearly 6% drop in advertising revenue, to $125 million.

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