News Corp.’s Chairman Rupert Murdoch’s fondness for newspapers won’t be enough for investors to overlook declining profit at the publishing company he plans to spin off. Operating income at the company’s publishing unit, which includes The Wall Street Journal, the New York Post and The Times of London, dropped 32% from fiscal 2008 to 2011, according to data compiled by Bloomberg. A shift to the web has cut industry advertising and circulation revenue, while News Corp.’s entertainment units, including Fox networks and the Twentieth Century Fox film studio, increased profit by 13%. The “Times” they are a changing. And Advertising is changing too. If you want to know how to reach more people more often for less money  in today’s changing times, give Larry John Wright a call. We know!

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