AP has reviewed earnings reports from a number of publicly-traded media and advertising firms. Google, Yahoo, AOL and IAC all report improved results in the second quarter. Media firms like Gannett, NYT, Comcast, News Corp and CBS also report improved results. Finally, Interpublic and Omnicom both report improved revenues and net. Both Washington Post and McClatchey report continuing declines in print ad revenue, but the lowest level of decline in years. Looks like light at the end of the tunnel.
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