A figure so bad, the company won’t make it public?

Gannett’s online revenue growth at its domestic newspapers is apparently pretty bad. For the second consecutive quarter, GCI has refused to publish growth rates in a report filed with the U.S. Securities and Exchange Commission. The latest report, for the first quarter, was filed today.

Those rates had been declining through 2007’s third quarter — the last time the company disclosed them. At that time, online revenue was growing at just 11% — about half the industry average. Now, ask yourself: If the figures reflected well on management’s vaunted Information Center model, wouldn’t Gannett publish them in, like, 72-point type? (For the record, I asked chief spokesperson Tara Connell, again, whether the company had discontinued publishing these rates. Her response: “We don’t publish every number.”)

[Image: today’s Reno Gazette-Journal, Newseum]

5 Responses to “A figure so bad, the company won’t make it public?”

  1. Mr. Yesterday Says:

    ..and Burlington launched a revamped site today.

    http://www.burlingtonfreepress.com

  2. Anonymous Says:

    This blog is done! Nothing new to report about. Go home Jim and enjoy the rest of your severance.

  3. Anonymous Says:

    To Anonymous 5/01/2008 6:04 AM: Why are you trying to silence Jim? What is he writes that threatens you so?
    If you are bored by this site, there are plenty of other blogs out there you could spend your time with.
    The rest of us appreciate Jim’s efforts and want to see more posts, not fewer.

  4. Anonymous Says:

    Maybe the guy from Yonkers would be a better Blogger than Jim. At least they guy speaks up and does not hide behind his computer. WHIMP!!!

    Jim lost all credibility with many of us. No ax to grind and no BALLS!!!

  5. Mr. Yesterday Says:

    “no BALLS!!!” sez anon 9:40 a.m.

    You can’t make that shit up. An anonymous poster railing about not having guts.

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