Journal Communications earnings fall 29 percent
MILWAUKEE - Journal Communications Inc. saw its earnings fall 29 percent in the most recent quarter because of a prolonged slump in advertising revenue, and an executive said Tuesday the company was considering installing a pay wall for access to the website of its flagship newspaper.
Journal Communications Inc. posted an $8.1 million profit in the second quarter as rising revenue in the broadcast unit was augmented by cost-cutting initiatives, the company said Wednesday.