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Aug 8, 2008

Sun-Times Media 2Q Loss

Sun-Times Media Group Inc., noted a loss in their second quarter report ending June 30.
Chicago Tribune
reported that Sun-Times Media showed a loss of 37.8 million.
The report showed that losses in advertising and circulation revenue were the most significant factors for the drop in the second quarter.
The company is now looking for ways to cut costs, including looking to sell some of its real estate.
Read more here.

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