Belo Earnings: Could Be Better, Could Be Worse

The most memorable sentence from Belo's second-quarter earnings results, released this morning, is this one:

Newspaper Group segment costs and expenses decreased 9.2 percent versus the second quarter of 2006, due in part to the 2006 headcount reductions at The Dallas Morning News and The Press-Enterprise, and lower newsprint and distribution expenses.

"Headcount reduction." Nothing like having your layoff -- pardon, your buy-out -- reduced to a good name for a heavy-metal band. --Robert Wilonsky

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

z

Newsletters

All-access pass to the top stories, events and offers around town.

  • Top Stories
    Send:

Newsletters

All-access pass to top stories, events and offers around town.

Sign Up >

No Thanks!

Remind Me Later >