Newspapers: More Discouraging News

- The New York Times Company reported at 13.2 percent decline in ad revenue in May compared to last year.  (From Editor & Publisher)

- Gannett reported a 14.1 percent decline in ad revenue in May compared to last year. (From Editor & Publisher)

- Classified advertising suffered especially steep declines at both newspaper companies.

- Earlier this week, Nielsen Monitor-Plus said U.S. local newspaper ad spending fell 5.4 percent and national newspaper spending fell 6.2 percent in the first quarter compared to last year.

- Is there any good news? Online. The NYT Co. says Internet advertising is up 14.2 percent.