Internet advertising is seasonal and the Christmas shopping season is usually the strongest period of the year -- which is why it's often misleading to compare with the previous quarter.
As for the 40% drop in ad revenues: the newspapers will almost certainly see that decline; ad pages are down by even more than that at some magazine titles; even online advertising is down at companies like Yahoo and AOL. (Just not at Gawker Media and a few other online properties like Thrillist and Break. Sorry!)
On Gawker Media is the Goldman Sachs of the Internet
Internet advertising is seasonal and the Christmas shopping season is usually the strongest period of the year -- which is why it's often misleading to compare with the previous quarter.
As for the 40% drop in ad revenues: the newspapers will almost certainly see that decline; ad pages are down by even more than that at some magazine titles; even online advertising is down at companies like Yahoo and AOL. (Just not at Gawker Media and a few other online properties like Thrillist and Break. Sorry!)
Nick Denton