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Newspaper Profits. Profit Margins. Year Knight-Ridder Gannet 2000 20.8 29.2 2001 15.9 25 2002 21.3 30 2003 19.2 29.5 2004 19.4 29.1 Earnings Before Interest and Taxes (EBIT) divided by sales . Pulitzer Prize Winners. 1975-1984 15 9 14

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profit margins
Profit Margins

Year Knight-Ridder Gannet

2000 20.8 29.2

2001 15.9 25

2002 21.3 30

2003 19.2 29.5

2004 19.4 29.1

  • Earnings Before Interest and Taxes (EBIT) divided by sales
pulitzer prize winners
Pulitzer Prize Winners

1975-1984 15 9 14

1985-1994 29 8 15

1995-2004 8 3 26

Knight-

Ridder

Gannett

NY Times

Years

profit margins4
Profit Margins
  • National average is ~23%
  • Blue chip average ~12%
  • Newspaper Shareholders demand returns in the high 20s
  • Editorial quality versus pleasing stockholders
  • 2,100 newspaper jobs cut in 2005
tribune company
Tribune Company
  • Owns Los Angeles Times
  • Revolving door of publishers and editors since Tribune took over
  • Latest casualty is editor Dean P. Baquet
  • Defied calls for reductions in Times newsroom staff
  • Boom! He’s gone.
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