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Enron Mail |
Good Afternoon Team,
Belo issued its statistical report for the month of September. Newspaper G= roup total revenues were down 10% in September on a pro forma basis. Septem= ber 2001 had one more Sunday than September 2000. Excluding the effect of = the extra Sunday this year, Newspaper Group revenues were down approximatel= y 16% . The Newspaper Group's revenue loss specifically related to the atta= cks was about $2 million. At The Dallas Morning News, total full-run adver= tising linage, including preprints and supplements, was down 10.9% versus 2= 000. Classified volumes were down 12.8% with continued weakness in classi= fied employment. At The Providence Journal, total full-run advertising li= nage, including preprints and supplements, decreased 8.3 %. Retail and cl= assified volumes decreased 9.5% and 7.3 %, respectively. The decrease in = ad linage has decreased ad revenues to Belo -- which has negatively impacte= d Belo's total revenues. Many publishers also find themselves in this weak= position... and producers are struggling amidst sluggish newsprint demand. Ayesha
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