Media

'Marketplace' Report: Trouble In Journalism

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The New York Times says ad revenues fell 12 percent last quarter. That means lower profits than analysts had expected. The paper has done several rounds of buyouts recently to trim staff. The news comes at a time when other papers such as the Chicago Tribune, Washington Post and The Los Angeles Times are also trimming staff. Alex Chadwick speaks with John Dimsdale about financial trouble in the news business.

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