NACo News Watch

http://www.mediabistro.com/
Print media continues to struggle with revenue, but sees gains in web traffic, as recapped here in the Mediabistro blog...

McClatchy Posts Loss In First Quarter (Sacramento Bee)
 The McClatchy Co. Wednesday said it lost $2.1 million in the first quarter as advertising revenue continued to decline. The results were about the same as the first quarter last year. Washington Post / AP Revenue fell 5 percent to $288.3 million from $303.7 million. Advertising revenue fell 7 percent to $209.8 million from $225.1 million. Digital advertising revenue grew 3 percent and accounted for about 22 percent of total ad revenue, the company said. Poynter / MediaWire McClatchy's 9.2 percent decline in print advertising revenue is a bit worse than other large newspaper chains' recent earnings reports. The New York Times Company reported first quarter earnings that beat expectations; nonetheless, print advertising revenues were down 7.2 percent across its properties. Media General posted a net loss of 23 percent in its first quarter earnings with print advertising down 8.4 percent. Gannett, too, had a poor first quarter, with earnings down 24 percent and an 8.3 percent drop in print advertising.

Newspaper Group Has Upbeat Website Traffic Report (JimRomenesko.com)
 The Newspaper Association of America reports newspaper website traffic was up 4.4 percent in the first quarter, and that "newspapers achieved a more than 7 percent increase in unique visitors ages 21 to 34, with average daily visits by this age group up 17 percent and total visits rising by 15 percent."