Somebody's Still Reading Newspapers

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	Somebody's Still Reading Newspapers

Andrew Farrell

8-14-2008 11:30 AM

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Andrew Farrell says:

Advertisers and readers are fleeing from many newspapers around the country, but not in the rich community of Palm Beach.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5882c49f-e913-493b-bc6c-adc6bc192cdd/5E4BCE9E-6278-4633-A071-6E4F53892E3D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bloomberg.com/apps/news?pid=20601103&sid=aJ0U3KTA__Ng&refer=us" href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aJ0U3KTA__Ng&refer=us" style="font-size: 11px;">www.bloomberg.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601103&sid=aJ0U3KTA__Ng&refer=us"><P>The Florida newspaper, called the ``Shiny Sheet'' because
of its bright white, smudge-free paper, is the only one of four
area publications owned by <A target="_blank" href="http://www.coxenterprises.com">Cox Enterprises Inc.</A> to escape recent
job cuts. The Palm Beach Post and two sister papers plan to trim
300 of their 1,350 positions this month.     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601103&sid=aJ0U3KTA__Ng&refer=us"><P>``Palm Beach is a barrier island, kind of vulnerable to the
elements,'' Joyce Reingold, the Daily News' publisher, said in
an interview. ``But as a newspaper, we have been protected.''     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601103&sid=aJ0U3KTA__Ng&refer=us"><P>That protection comes from a market of 9,731 residents, and
readers whose household net worth averages $35 million, Reingold
said, citing a survey commissioned by the newspaper. Daily News
advertising sales increased 11 percent last year, while industry
sales fell 9.4 percent, according to the <A target="_blank" href="http://www.naa.org/TrendsandNumbers/Advertising-Expenditures.aspx">Newspaper Association
of America</A>.     </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5E4BCE9E-6278-4633-A071-6E4F53892E3D/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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