Newspaper ad revenues fall
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Combined print and online advertising  revenue at U.S. newspapers slid 1.5 percent to $11.8 billion in  the third quarter, hurt by falling automobile and help-wanted  classified sales, an industry group said on Tuesday.
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Dow Jones & Co. on Wednesday cut its  earnings forecast for the current quarter, citing weakness this  month in key advertising categories at its flagship newspaper,  The Wall Street Journal.
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Newspapers across the country have been reducing comic strips in the face of sluggish advertising revenue and rising paper costs.
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With ad revenues plummeting, New York Times looks to its online publication for salvation.
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Broadcaster ITV is hit by a further drop in advertising revenues for the year.
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Ad spending was mostly  tepid in the first quarter, with network and spot TV falling  compared with last year&#39;s Olympics and both the newspaper and  radio sectors also weak.
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The magazine, which has been suffering from a decline in advertising revenue, will cease publication after its October issue.
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The New York Times Co will eliminate 100 newsroom jobs, the company confirmed on Thursday, as it girds for a weaker economy and an overall decline in print advertising and circulation revenue.
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NEW YORK - Hurt by erratic advertising demand, many of the nation&#39;s newspaper companies will fail to deliver the profits they had hoped for in the latest quarter.
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Newspaper publishers New York Times Co. and EW Scripps Co. on Thursday said the choppy economy could hurt their advertising sales, a day after Dow Jones & Co issued a profit warning due to weak advertising at The Wall Street Journal
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Direct mail was the only medium in the United Kingdom to show a drop in the latest ad spending figures from the London-based Advertising Association, falling 2.5 percent in the second quarter to $957.5 million.
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Shares of radio station operators sank in Friday trading, saddled by a report raising concerns that future growth could be limited as advertising demand wanes amid fierce competition from personal media players and satellite radio.
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A continuing decline in advertising revenue pushed second quarter profits lower at two major publishers.
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Dow Jones & Co. Inc. DJ.N said on   Monday it is lowering its third-quarter earnings forecast   because of lower-than-expected September advertising revenue at   the U.S. print edition of The Wall Street Journal.
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Dow Jones & Co. DJ.N on Wednesday  cut its earnings forecast for the current quarter, citing  weakness this month in key advertising categories at its  flagship newspaper The Wall Street Journal, sending shares down  3 percent.
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The newspaper publisher and television station operator said  third-quarter profit fell to $2.5 million as ad revenue slumped.
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Tribune Publishing on Friday again lowered circulation figures for its Newsday and Hoy newspapers, saying Newsday&#39;s daily circulation had been misstated by as many as 100,000 copies.