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Washington Post profit falls 77 percent in 4th qtr
The Washington Post Co.'s reeling newspaper and magazine divisions stumbled again in the fourth quarter, extending an earnings slump that would have been even more disconcerting if not for the stability of the company's education and cable TV businesses. The publisher of The Washington Post and Newsweek magazine said Wednesday that it made $18.8 million, or $2.01 per share, during the final three months of last year.
Posted by: Fred 2009-02-26
http://www.rantburg.com/poparticle.php?ID=263558