Gannett earnings down in Q4 and 2011; CareerBuilder is revenue bright spot

30 Jan 2012
Classified revenue continued to slide at Gannett during Q4 and all of last year, both in the U.S. and the U.K., but CareerBuilder provided a very bright spot for the company --- so much so that CareerBuilder sales commissions and bonuses substantially increased expenses for the company.Gannett reported earnings in 2011 of $1.89 per share or $459 million, down 22 percent from the $588 million rep

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Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.