LAObserved.com | Los Angeles Times
Los Angeles Times publisher
David Hiller tells his staff that revenue was down 10% in the second quarter, and cash flow was "down a whopping 27%, making it one of the worst quarters ever experienced." He adds: "Front page ads will raise several million dollars in revenue, and make a meaningful contribution to improving current trends." ||
LAT's STORY: Hiller says it hasn't been decided when the first Page One ad will run.
