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Gannett revenue declines 12.1% in June

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McLean, Va.—Gannett Co., publisher of USA Today, reported Wednesday that its total pro forma operating revenue for the month of June declined 12.1% compared with the same period in 2007. In June, publishing advertising revenue decreased 16.3% compared with the same period a year ago. At USA Today, advertising revenue was 26.5% lower on paid ad pages of 236 versus 329 last year. For the second quarter of 2008, total pro forma operating revenues for the company were 10.1% lower.
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