mcclatchy

Two newspaper companies, The New York Times Co. and McClatchy, both saw advertising revenues decline in the third quarter, compared to a year ago. And that's after last year's ad sales plunged from 2008.

Correctly or naively, print publishers all seem to think the iPad, Apple's new touchscreen tablet computer, is going to save their hides -- and Wall Street seems to agree, at least cautiously, as several print media companies saw their stocks rise today.

Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to offset rapidly eroding advertising sales. Average daily circulation at 379 U.S. newspapers plunged 10.6 percent in the April-September period...