‘Washington Post newspaper revenue drops 8% in 1st quarter’

Andrew Beaujon reports on the Washington Post:

http://newspaper.li/static/3290a1e6a28e5bdb544318a1e7a667e3.jpg

 

The Washington Post Company reported net earnings of $31 million in the first quarter of 2012 on Friday. Last year, the Post reported earnings of $15.2 million in the first quarter; the report attributes the gain to the sale of Kaplan’s Eduneering business to UL for $30 million. Kaplan’s Higher Education division reported an 82 percent drop in operating income.

Continue reading:

http://www.poynter.org/latest-news/mediawire/172778/washington-post-newspaper-revenue-drops-8-in-1st-quarter/

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