The Washington Post Co. Shows 3Q Improvements

David Cohen on November 5, 2010 11:33 AM

Newspaper online revenues at The Washington Post Co. were $77.8 million for the first nine months of 2010, up 14 percent compared with the prior-year period, paidContent reported, adding that display ad revenue rose 26 percent in the third quarter and 21 percent in the first nine months of the year versus the year-ago periods.

The third-quarter earnings announcement marked the company’s first without Newsweek, which it sold to audio-equipment stalwart Sidney Harman at the end of the quarter, with paidContent reporting that The Washington Post Co. posted an $11.5 million loss in its discontinued operations column for Newsweek.

The newspaper division as a whole slashed its operating loss to $1.7 million in the third quarter from $23.6 million in the third quarter of 2009, according to paidContent.

Take Advantage of our One Day Social Media Sale

Want to have social media strategists from NASA, Toyota, and the San Francisco Giants as your teachers and consultants? Today only, we're offering $100 off AllFacebook Marketing Conference and AllTwitter Marketing Conference and $200 off a Combo Pass to attend both events. This offer expires at midnight, so register now with the code ONEDAY and save.