Our economic snowball is rolling downhill, picking up victims right and left and the economy seems to crumble around us.
…”The Star-Ledger’s traditional advertising revenue has been falling rapidly because of several difficulties hitting us at once. Our real estate and automotive customers have been suffering, and they have slashed their advertising this year with us by $11.5 million through November,” the letter continues, adding later, “Mergers in banking and retail have also cost millions, while the increased competition from Internet companies has [...]
Tags: Economy
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