Newspaper conglomerate bows to new media, will webcast earnings report

Those interested in earnings reports and newspaper conglomerates are in for a treat next month.

McClatchy, the owner of 30 daily newspapers and more than 50 other publications, announced today they plan to broadcast their third-quarter earnings conference call live to the public across new media platforms. The announcement will be available on their Web site and through more eerily exclusive sounding listen-in, dial-in only conference lines.

During their second quarter, McClatchy posted a profit that nearly doubled their earnings during the same period the previous year, joining the ranks of newspaper companies across the country that posted similarly unexpected gains.

Is their live webcast pledge a harbinger for another positive report?

Unclear, but odds are there will be live blogging.


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