Lee ad rev, classifieds post big drops for year
14 Nov 2008
And the numbers just keep on dropping. Now it’s Lee Enterprises’ turn.
For the year, the Davenport, Iowa-based community newspaper publisher swung to a loss per share of $15.23, compared with earnings of $1.77 a share in fiscal year 2007. The 2008 loss includes non-cash goodwill and other intangible assets impairment charges that so far have totaled $717.2 million after t