A. H. Belo Reports Quarterly Loss; CEO Sees ‘encouraging Signs' at Dallas Morning News

A. H. Belo Corporation, parent company of The Dallas Morning News, posted a first quarter loss of $3 million, despite layoffs and other cost-cutting measures that considerably reduced operating expenses.The quarterly loss was smaller than in the same period in 2018, when the company started the year with a $4 million deficit. There were "encouraging signs" at The Dallas Morning News, said Robert W. Decherd, chairman, president and chief executive officer of A. H. Belo. The print newspaper's advertising revenue improved and a $500,000 decline in circulation revenue was offset partially by a $300,000 increase in digital-only subscriptions.Digital subscriptions volumes and pricing increased "at levels that must continue to grow in order to fully implement our digital-first strategy," Decherd said.  Continue reading...