Monday, November 12, 2007

Online sales growth slowed in third quarter

Gannett disclosed that online revenue at its U.S. newspapers rose just 11% in the third quarter from the year-ago period, a Gannett Blog reader reminded me today. That's down from 12% growth in the first and second quarters -- a rate that was already below the industry average.

GCI's disclosure appeared Thursday in its Form 10-Q filing with the Securities and Exchange Commission. I saw it, but was so wrapped up reporting on Brandes Investment Partners that I didn't get to write about it until now. I'll come back to this subject soon.

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