Echoing an all too familiar story, Meredith announced a big drop in their earnings for the past quarter compared to last year's.
http://www.broadcastingcable.com/ar...nings_Significantly_Impacted_By_Recession.php
Meredith had been holding up a bit better financially than most of the other local TV station parent companies. Meanwhile, stock share prices in many of these companies continue to plummet to "penny stock" territory. Belo $1.79, Scripps $1.74, Gannett $6.82, Fox/News Corp. $7.39, Meredith $17.28.
And speaking of something tumbling ---
What the #?&?# is going on with the Suns?
Did Katie Raml finally give the whole team a real bad case that the Docs can't find a cure for or what? Yuck.
Man, do they stink on the road!