Fourth-quarter profits at the Washington Post Company fell 13% due to a decline in print ad revenue. Net income slipped to $82.9m (£41.7m) compared with $95.5m (£48.1) in the same period the year before. Revenue from print advertising fell 11% to $129.6m (£65.3m) in the quarter and fell by 13% over the full year to $496.2m (£250m), compared to $573.2m (£288.7m) in 2006. (Via New York Times)
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Washington Post suffers 13% loss
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