Wall Street analysts have told the industry that the power of print-broadcast combinations would unlock much of the hidden value of newspaper companies. Further, newspaper stocks have been doing pretty well in the last few weeks. In other words, layoffs sent a message to Wall Street that the industry was serious about doing some belt-tightening in these troubled times. Any more good news would be dependent upon a good economy. A rekindling of the economy would probably fire up the advertising market, which would be beneficial to newspapers.
Newspapers are in a cyclical business.
There are peaks and valleys in revenues and costs. Wall Street may have rewarded the companies that slashed, but in the long run, all we've really got to worry about is our worries. All Rights Reserved. All Rights Reserved. Contact us .