NEWS


Listen to the Wachovia/SNA Call — Community Newspapers Report 2nd Quarter Results

8/19/2008 — Last week, SNA co-hosted a call with Wachovia Equity Research to share the second quarter community newspaper advertising results with the financial community. The audio recording of that call is now available free of charge.

Donna Barrett, President/CEO of Community Newspaper Holdings, Inc. and David Black, President/CEO of Black Press provided extensive commentary during the call that was handled in a Q&A format by John Janedis, Media Analyst, Wachovia Equity Research.

Anyone that publishes community newspapers or advertises with them will be interested in this call. The community newspaper segment of the industry in general is not experiencing the double digit declines or massive layoffs that are dominating the metro daily industry. Community newspapers remain the sweet spot of the industry and although they are certainly affected by the tough economy, executives remain optimistic and bullish on the future. (Click here for full press release detailing the second quarter findings).

After listening to the call, please send us your feedback or post a comment in our forums. Newspapers that did not participate in the second quarter report are encouraged to sign-up for the third quarter report by sending your name, email address and phone number to sna@suburban-news.org.

Questions? Contact Nancy Lane directly at (843) 390-1531.