Revenues fall, advertising falls, yet E.W. Scripps made a profit in the second quarter of this year, according to the AP.
Scripps is the parent company of The Commercial Appeal, for which I freelance.
President and CEO of Scripps Rich Boehne cited ongoing practices of ” ‘aggressively cutting expenses and reallocating resources’ to improve its financial health.”
The company made a profit of $2.3 million in the second quarter.
Read more of the story at the CA.
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