Browsing All posts tagged under »McClatchy«

McClatchy: Newspaper ad spending falling at faster pace

February 10, 2011

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McClatchy Co. is reporting a 42 percent drop in newspaper advertising in the fourth quarter of 2010. It’s been four years’ worth of steep decline for revenue in the newspaper industry. Sure, this news seems like old news, but McClatchy’s report seems to indicate that ad spending is falling at a faster pace than ever […]

Instead of that $50 million check …

January 14, 2011

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Sacramento-based McClatchy Co., the third largest newspaper publishing company in the U.S., will contribute company-owned real estate to its pension fund. The land and buildings have been appraised at $49.6 million, which makes up for almost all of the $50 million the company was required to put in the fund this year. The company’s chief […]