Gatehouse drops in classified, circulation, printing dollars

05 Mar 2010

Gatehouse Media just announced Q409 revenues of $150.2 million, a drop of 10.3 percent from Q408, and 2009 revenue of $585 million, for a decrease of 13.8 percent from 2008. Net loss for the fourth quarter was $4.2 million, and for the full year $530.6 million. Q409 revenue declines were primarily the result of drops in print advertising, with local ad dollars down 10.2 percent and classified a

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.