Dailies Report Uptick in January Ad Revenues

february 24, 2004  09:48 am
MediaDailyNews' index of newspaper ad revenues rose to $1.28 billion last month, compared with $1.24 billion a year ago. Ad revenue growth was led by Pulitzer Inc., which rose 8 percent to $28.1 million; McClatchy, up 5 percent to $79.7 million; and Gannett, up 6 percent to $373.6 million. The rest of the sector saw slight increases with the exception of Journal Communications Inc., the publisher of the Milwaukee Journal-Sentinel and other newspapers, whose ad revenue fell 2 percent last month compared to January 2003.