The online slowdown lowdown

While newspaper publishers boast about how rapidly their online sales are growing, the fact is that new media revenues in the first half of 2007 grew at only two-thirds the pace achieved in each of the prior three years.To be perfectly clear: Online sales climbed at the robust clip of 20.8% in the first six months of this year to an all-time high of slightly more than $1.5 billion. Sales in the