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The McClatchy Company Message Board

newspaper_advertising 1 post  |  Last Activity: Dec 19, 2014 11:44 AM Member since: Nov 4, 2005
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  • newspaper_advertising newspaper_advertising Dec 19, 2014 11:44 AM Flag

    Longtime, I still own a few K shares in this stock but expect nothing from it any time soon. They have gutted the core products, will continue to squeeze the news hole and have fewer publication days. The Sunday papers are nothing but insert vehicles, and as paid circ continues to drop these papers are trying to be creative with alternative delivery. I do know that the sale of some of their internet partnerships will lower overall debt and interest payments. Basically treading water to survive. The world of search is considered too low a margin business to chase, but they better figure that out also, as their six day a week product is net negative to earnings. It may be one day in the near future that companies like MNI are online 5 days a week, with only two days of printed product.

MNI
3.370.00(0.00%)Dec 19 4:06 PMEST

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