Gannett quarterly profit up, revenue down
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USA Today publisher Gannett Co. Inc.  said on Wednesday its quarterly revenue fell because of weaker  advertising sales at its local U.S. papers while profit rose  with the sale of some newspaper assets.
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Media conglomerate News Corp. (NWSa.N)  said on Wednesday its quarterly sales rose helped by higher  "Borat" box office sales and "X-Men" DVDs, but profit fell due  to one-time gain a year earlier.
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Gannett Co., the country&#39;s largest newspaper publisher with some 100 US dailies including flagship USA Today, said Tuesday that third-quarter earnings fell a penny short of Wall Street expectations due to storm-related expenses and higher newsprint costs.
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Gannett, the nation's largest newspaper chain, has suffered from the industry-wide advertising downturn, the McLean company reported yesterday, though it is weathering the slump better than its rivals.
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Interpublic posted slightly lower quarterly revenue but swung to a profit as expenses fell and public relations clients increased spending.
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The New York Times Co  reported higher profit and revenue on Tuesday because of a rise in national advertising and circulation revenue, a contrast to a downbeat earnings season for other U.S. newspaper publishers.
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By PAUL GORES  Journal Communications Inc. said Wednesday that fourth-quarter profits last year rose almost 40%, aided by an extra week in the quarter.  Net income was $23.4 million, or 33 cents per share, compared with $16.7 million, or 23 cents, in the final period of 2005.
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The New York Times Co  reported higher profit and revenue on Tuesday because of a rise in national advertising and circulation revenue, a contrast to a downbeat earnings season for U.S. newspaper publishers.
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Gannett Co. Inc. GCI.N reported  higher quarterly profit on Wednesday despite advertising  declines at its flagship USA Today newspaper, while rival  Knight Ridder Inc. KRI.N, said earnings increased as  help-wanted advertising jumped.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Gannett Co. Inc.  posted higher fourth quarter profit on Friday, boosted by advertising demand at its newspapers and a rise in political ad sales at its TV stations.
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Media company Gannett Co. Inc. GCI.N  on Wednesday said quarterly profit increased 6 percent, powered  by political advertising gains at its broadcast TV stations  that more than offset ad declines at its flagship USA Today  newspaper.
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News Corp. said on Tuesday its  quarterly net profit rose 19 percent, boosted by advertising  revenue at the Fox News Channel, "Ice Age: The Meltdown" film  ticket sales, and the sale of radio stations.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Comcast Corp. , the leading  U.S. cable operator, posted higher quarterly profit and revenue  on Thursday, helped by strong growth in subscribers across its  video, phone and high speed Internet services.
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The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending this year.
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China's biggest Internet portal  Sina Corp. posted a lower quarterly profit on Wednesday due to  charges, but revenue beat expectations as online advertising  sales grew, and the stock rose 2 percent.