Ad rev at DP parent plummets

Print advertising revenue plummeted 21.5 percent at the Daily Progress' parent company, Media General, according to a story following this morning's conference call with analysts. Strong broadcast revenue kept the publicly held, Richmond-based company from posting a loss, as it nearly did last quarter.

9 comments

Terrible time to be a publicly traded news outlet. Take a look at the stock price of Media General or owner of the local television stations Gray.
Not pretty.

Advertising at an archaic print operation with a truly crappy web operation is DECLINING?? Wow - who saw THAT coming? Clearly this is part of the vast left-wing media elite conspiracy, since the DP was most surely going to endorse McCain soon.

OMG, I cannot wait for the justification of the inevitable endorsement of McCain/Palin. I can already see Palin being described as a "breath of fresh air" who "took on the oil companies" or some such nonsense.

As of today, Joe the Plumber has met with the national news media more than Sarah Palin has since being plucked from obscurity by McCain. How utterly pathetic is that?

You are SO right. The biggest winners are the insurance companies. If anyone thinks there is no money to be made, why are there so many insurance companies elbowing each other to get into it.

You can add CEO'S to your list of winners. Case in point Larry Glasscock CEO of WELLPOINT $25 million. Geez how many zeros is that?

Thank God- you so "get it" - However, I have been calling the Medicare disaster "The Perfect Storm"-and quite a few other names that I am better off not tellin...

Medicare D is for DISGUSTING. My mother lost her Medicaid after my father died (she got his social security even though they were divorced which barely put her over the minimum to qualify). She has Multiple Myeloma and lost her Medicaid right after having brain surgery from a bleed after hitting her head on the shower.

Now she is on Revlimid produced by Celgene. They gave her a month's supply then cut her off and insisted that she go on Medicare D even though she can't afford it. She can't even afford to pay her rent. I wrote a letter to Celgene and they called me and I got the coldest representative. They insisted she go on Medicare D. I explained a) she can't afford it b) she can't afford it c) she can't afford it. I would pay for it but I don't have a job right now. Things have been very tough since my dad died.

This is what health care is in our country. These disgusting pharmaceutical companies like Celgene hiring these ice queens to represent their company to pimp Medicare D. No Medicare D, no drugs to cure your cancer.

It's pathetic and baffling.

Great comments and Wanda Sykes is hilarious both about the elderly and the internet as well as the expectations for medicare to be understood via the internet (since it's unintelligible even in booklet form).

I'm not really political and tend to be more democratic but the weird thing is that the republicans are the ones that seem to fight against the fda trying to stop vitamin and herbal sales etc. They don't want govt intervention so though they don't care about alternative health had to somehow defend it from the govt creating regulations.

Deb