Bad quarterly report for CC earlier this month, a 3,7 Billion loss. The loss was mostly due to a writedown of goodwill. Quarterly revenue was 1.4 Billion, with a B, compared to 1.8 Billion from the previous year.<\/p>\n

McClatchey meanwhile reported a huge jump in earnings for the second quarter. Probably because they did all the cost-cutting and goodwill-writing-down last year. Still, overall ad revenue down a sickening 30%<\/p>\n","protected":false},"excerpt":{"rendered":"

Bad quarterly report for CC earlier this month, a 3,7 Billion loss. The loss was mostly due to a writedown of goodwill. Quarterly revenue was 1.4 Billion, with a B, compared to 1.8 Billion from the previous year. McClatchey meanwhile reported a huge jump in earnings for the second quarter. Probably because they did all […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","footnotes":""},"categories":[3],"tags":[117,135],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pwUQ5-4s","_links":{"self":[{"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/posts\/276"}],"collection":[{"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/comments?post=276"}],"version-history":[{"count":0,"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/posts\/276\/revisions"}],"wp:attachment":[{"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/media?parent=276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/categories?post=276"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/advertisingmiami.com\/wp-json\/wp\/v2\/tags?post=276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}