Erratic Ad Recovery Worries Investors

july 6, 2004  07:45 am
Newspapers might be doing better than other media -- especially radio -- when it comes time for ad revenue growth, but that's not saying much. The torrent of ad revenue expected this year is turning out to be more of a trickle. According to a report released today by Goldman Sachs, investors are increasingly asking, "Where's the Beef?"