Ariel Says Newspapers Are Poised for a Year (At Least) of Profits
paidContent, July 29, 2009
By David Kaplan
While many observers argue that recent profit swings for Gannett, McClatchy and other newspaper publishers will be short lived, Ariel Investments CEO John Rogers Jr. is far more bullish. In fact, Rogers expects the newspapers to defy analysts' dour projections and post profits for the next five or six quarters.
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