It will continue to cost us money, but the money will be well spent. You also can see the latest news releases, employee newsletters and a wide range of financial information, including stock quotes, SEC filings, monthly statistics and quarterly reports. Please take a look at all of our sites and give us feedback. For most of fiscal 1999, I was privileged to serve as chairman of the Newspaper Association of America, giving me a unique perspective on the health and the future of the industry. I can assure you without hesitation that both are rock solid.
Newspapers are strong.
They are very, very strong. Americans buy more than 56 million newspapers every day, and an average of 2.33 people read each copy. Six out of 10 adults read a paper every day, and almost seven out of 10 read one on Sunday. Nothing else reaches so many people on a regular basis. In the past 50 years we've seen the rise of television, cable, specialty publications, direct mail and the Internet.