Wednesday, January 16, 2008

Pulp friction

Profit-pinched newspapers trying to save money by cutting back on the newsprint they consume will be hammered by a 23% increase in the cost of whatever paper they do buy this year, fears one analyst.If Paul Ginocchio of Deutsche Bank is right, newspapers that already have trimmed page sizes, eliminated stock tables and scrapped op-ed sections will have no alternative but to pay the sharply higher

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