Media company E.W.Scripps says it swung to a third-quarter loss and announced that it would cut 400 jobs as the local advertising market continued to deteriorate.
It also suspended its dividend.
local advertisingScripps swings to loss, cuts jobs, halts dividendNewsvine - business Fri, 11/07/2008 - 07:47
Ad Slump Knocks Hearst-Argyle EarningsBroadcasting & Cable - Business and Deals News Fri, 08/01/2008 - 10:10
Hearst-Argyle Television Q2 earnings, revenue drop due to weak local advertising, softness at bigger TV stations. |
