Denton Tx Newspaper

AH Belo's 2Q losses grow as ad slump worsens

The owner of the Dallas Morning News and three other daily newspapers, said Wednesday it lost $ 6.8 million, or 32 cents a share, in the three months ending in June This compares to a loss of $ 171 000, or a penny per share, at the same time last year.

Most of the loss stems from $ 6 million one time charges. Among other things, expenses recorded the expenditures caused by the withdrawal AH Belo of a pension scheme operated by its former parent company, which owns the television station Belo Corp. The two companies split in 2008.

The loss in last year's comparable quarter would have been larger, if not for a $5.4 million windfall from a property sale.

Second-quarter revenue fell 6 percent from last year to $114.5 million.

The downturn reflected a 9 percent drop in ad revenue during the last quarter. That was a steeper year-over-year decline than during the first quarter when the company's ad revenue decreased by 6 percent.

Like most newspaper publishers, A.H. Belo makes most of its money from advertising. That reliance has become a major problem during the last five years, as more advertising as shifted to free and less expensive alternatives on the Internet. The upheaval has drained about $25 billion in annual print advertising from U.S. newspapers since 2005. Newspapers have gained about $1 billion in advertising from the Internet and mobile devices during the same period.

A.H. Belo said second-quarter advertising held up better at its Rhode Island newspaper, The Providence Journal, than it did at the Morning News and a southern California daily, The Press-Enterprise in Riverside. The company also owns a small Texas newspaper, the Denton Record-Chronicle.

With less money coming into the company, A.H Belo CEO Robert Decherd said management reduced more expenses during the quarter. He didn't provide specifics. The company employed 2,300 people at the end of June, a 6 percent reduction from a year ago.

A.H. Belo's shares shed 7 cents Wednesday to close at $6.95.

Denton County sex offender one of Texas 10 ... - My Harlingen News

Sean Michael Smith, a high-risk sex offender, is now one of the Texas 10 Most Wanted Sex Offenders and a $1,000 cash reward is offered for his capture. Texas Crime Stoppers guarantees anonymity during the tip process.

Smith, 35, is wanted for failure to register as a sex offender in Denton County and was last seen in Aubrey.  He was convicted of indecency with a child/sexual contact related to an attack involving a 14-year-old girl in Denton County in 1999. 

Smith, who also goes by the alias of Sean Michael Carroll, is considered highly likely to re-offend and has been arrested twice for violating his sex offender registration. His criminal history includes two assaults causing bodily injury, evading arrest and burglary.  He is also considered armed and dangerous.

In the past, Smith has worked as a self-employed tattoo artist. He has numerous tattoos:

For additional information about Smith, see: http://www.txdps.state.tx.us/wanted/sexoffenders/topTenSexOffenders.htm#;view=Individual%20Details/fugitive=7 .

Texas Crime Stoppers, which is funded by the Criminal Justice Division of the Governor’s Office, offers rewards to any person who provides information that leads to the arrest of one of the Texas 10 Most Wanted Sex Offenders or Fugitives. Anyone with information can provide anonymous tips in three different ways:

The 10 Most Wanted Sex Offenders are featured on the DPS website at http://www.txdps.state.tx.us/wanted/sexoffenders/topTenSexOffenders.htm # and have the last known address in the following cities:

The program identifies violent sex offenders who have either violated parole or failed to comply with sex offender registration.

All calls, texts or e-mails are anonymous, and forecasters will be given a number of points and will not be asked his name.

Plunkett's Entertainment & Media Industry Almanac 2006, The Only Complete Guide to the Technologies and Companies Changing the Way the World Shares Entertainment and Information

Plunkett's Advertising and Branding Industry Almanac 2007 (E-Book), 1-59392-423-2

Plunkett's Advertising & Branding Industry Almanac 2008: Advertising & Branding Industry Market Research, Statistics, Trends & Leading Companies

Plunkett's Entertainment and Media Industry Almanac 2008 (E-Book), Entertainment and Media Industry Market Research, Statistics, Trends and Leading Companies

A standard history of Oklahoma, an authentic narrative of its development from the date of the first European exploration down to the present time, including accounts of the Indian tribes, both civilized and wild, of the cattle range, of the land openings and the achievements of the most recent period