ProJo revenue dropped 13.3% in 2008

THE PROVIDENCE JOURNAL headquarters on Fountain Street is one of several local properties that Dallas-based parent company A. H. Belo is seeking to sell to help raise cash. The paper has been hit by falling circulation and declining revenue in recent years. /
THE PROVIDENCE JOURNAL headquarters on Fountain Street is one of several local properties that Dallas-based parent company A. H. Belo is seeking to sell to help raise cash. The paper has been hit by falling circulation and declining revenue in recent years. /
PROVIDENCE – The Providence Journal’s annual revenue fell 13.3 percent in 2008, as advertising sales shrank across every category, according to a regulatory filing by the newspaper’s parent company that paints a bleak picture of The Journal’s finances. In its annual report, which was filed last month but has not been reported, Dallas-based A. H.…

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1 COMMENT

  1. Clearly this situation at the proJo is self inflicted. Corporate ownership of media has been a complete disaster! For years this paper has driven away good journalists by trying to break the union and treating their employees with disdain. It is the only paper that consistently bashes the State of RI – it’s ony home for 100 years. We have switched to your paper and the NY Times. Even my 81year old mother cancelled her subscription after noticing articles from other papers were reprinted in the journal two weeks later.