Jay Leno Brings Down Gannett

It seems, says Editor and Publisher, that Jay Leno is contributing to the downfall of local television.  Analysts downgrading Gannett’s shares yesterday cited his show as one of the contributing factors. As if the awful numbers in circulation and ad revenue for their newspapers weren’t enough, the fact that Jay Leno’s show leads in to the local news broadcasts on local affiliates will, the analysts feel, ultimately lead to decline in revenue.  Those local news broadcasts have typically enjoyed very high ratings.


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