Revenue is up at Knight Ridder, thanks entirely to its online division, which saw its topline grow by $12.7 million for the quarter - up by more than half. Circulation, alas, is down in its various newspapers, making it increasingly reliant on the digital editions. Its total ad revenue was $53.2 million after backing out a few one-time charges. The announcement comes on the heels of similar ones made by the Wall Street Journal and New York Times.
The New York Times also announced that its results improved by some tenths of percent for the quarter, also on the back of its online advertising revenues. Ad revenues in its flagships New York Times and Boston Globe were flat.
Online ad revenue grew 30 percent.
