Journal Communications Reports First Quarter 2009 Results.
Business Wire › April 22, 2009
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Journal Communications Reports First Quarter 2009 Results.
MILWAUKEE -- Journal Communications, Inc. (NYSE:JRN) today announced results for its first quarter ended March 29, 2009.
"The difficult economic environment and continuation of reduced advertising spending across all of our local markets impacted our revenue in the first quarter," said Steven J. Smith, chairman and chief executive officer of Journal Communications. "Publishing revenue was down 20.7% and broadcasting revenue was down 20.5% in the quarter. We continue to be focused on finding additional efficiencies in our businesses, as well as driving revenue initiatives. We anticipate that the economic challenges we ar...See the full content of this document
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