While the advertising recovery continues to hold on despite remaining economic weakness, the newspaper industry appears to be in danger of falling further beyond even after reducing years-long declines in 2010. Following the recent difficulties seen in Q1 earnings from newspaper publishing peers Gannett (NYSE: GCI) and the New York Times Company (NYSE: NYT) last week, The McClatchy Company (NYSE: MNI) posted falling revenue and a significant loss as digital advertising grew a meager 2.2 percent.
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