Metro losses
Even free newspapers are hurting. Metro International lost $8.75 million in the first quarter of the year, despite strong advertising revenues and readership in much of North America and Hong Kong. The good news is that the loss is less than the international chain of free newspapers suffered last year. In the first quarter of 2007, the company lost $13.8 million.
Even free newspapers are hurting. Metro International lost $8.75 million in the first quarter of the year, despite strong advertising revenues and readership in much of North America and Hong Kong. The good news is that the loss is less than the international chain of free newspapers suffered last year. In the first quarter of 2007, the company lost $13.8 million.
Kelly Toughill is an associate professor of journalism at the University of King's College and founder of Polestar Immigration Research Inc.