Monday, May 31, 2004

Strong First Quarter Heralds Signs of Recovery

From Editor and Publisher:

NEW YORK After a strong Q1, accompanied by growth in April, it seems that the newspaper industry is finally on the receiving end of a recovery. Increased gains in advertising revenues coupled with bright employment numbers -- the last true holdout -- buoyed many companies this year. So far, so good. And according to Miles Groves, president of MG Strategic Research, he expects that Q2 will keep humming along as well.

Let it be so.

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