23 June 2006

Will newspapers' online growth satisfy Wall Street?

Will newspapers' online growth satisfy Wall Street?

In this article Newspapers hope for growth online, online advertising at newspapers, which jumped roughly 35% in the first quarter of this year compared with the first quarter of 2005, is helping revive the industry's fortunes, but it's not clear whether this success in the virtual arena will help offset the flat growth of print versions.

Online growth "could be an answer for this industry... [but] I don't think anybody knows" said financial consultant Ellen Berland Gibbs.

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