EX-99.2 3 dex992.htm DECEMBER STATISTICAL REPORT PRESS RELEASE December Statistical Report Press Release

Exhibit 99.2

 

KNIGHT RIDDER

 

50 WEST SAN FERNANDO ST.

 

SAN JOSE, CA 95113

 

Knight Ridder Releases December Statistical Report

 

SAN JOSE, Jan. 26, 2005 – (KRI:NYSE) – Total advertising revenue was up 4.4% for December and up 3.1% for the year. For the month, retail was up 2.7%, national was up 5.1% and classified was up 7.5%. For the year, retail was up 1.2%, national was up 2.9% and classified was up 5.7%.

 

Total operating revenue was up 1.6% for the month and up 2.3% for the year.

 

Total ad revenue was up 10.7% in Miami, 4.2% in Charlotte, 4.0% in Contra Costa, 2.1% in Kansas City, 1.8% in San Jose, 1.6% in Fort Worth and 1.3% in Philadelphia.

 

Retail for the month was up 12.6% in Miami, 5.1% in Contra Costa, 4.7% in Charlotte, 2.0% in Philadelphia and 1.2% in Fort Worth. San Jose, Akron and Kansas City were soft.

 

National was up 15.6% in Fort Worth, 13.6% in Kansas City, 8.9% in San Jose and 4.2% in Miami. Akron, Charlotte, Philadelphia and Contra Costa were down.

 

Classified was up 16.5% in St. Paul, 12.6% in Akron, 12.3% in Miami, 9.0% in Philadelphia, 9.0% in Charlotte, 4.6% in San Jose, 4.2% in Contra Costa and 1.3% in Kansas City. Fort Worth was soft. Help wanted for the company was up 26.1%, with all markets except Duluth showing increases over the prior year. Top performances include San Jose, up 45.2%; Contra Costa, up 43.4%; St. Paul, up 42.2%; Akron, up 27.1%; Miami, up 23.6%; and Philadelphia, up 17.2%. Real estate was up 17.3%, while auto was down 8.7%.

 

Circulation revenue was down 4.1% for the month and 2.7% for the year. Other revenue was down 19.4%, caused primarily by a decrease in earnings from Detroit. For the year, other revenue was up 12.0%.

 

Knight Ridder (NYSE: KRI) is the nation’s second-largest newspaper publisher, with products in print and online. The company publishes 32 daily newspapers in 28 U.S. markets, with a readership of 9.0 million daily and 12.7 million Sunday. Knight Ridder also has investments in a variety of Internet and technology companies (including CareerBuilder) and two newsprint companies. The company’s Internet operation, Knight Ridder Digital, develops and manages the company’s online properties. It is the founder and operator of Real Cities (www.RealCities.com), the largest national network of city and regional Web sites in more than 100 U.S. markets. Knight Ridder and Knight Ridder Digital are headquartered in San Jose, Calif.

 

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For more information, call Vice President/Corporate Relations Polk Laffoon at 408-938-7838 (e-mail: plaffoon@knightridder.com), or Director/Corporate Communications Lee Ann Schlatter at 408-938-7839 (e-mail: lschlatter@knightridder.com), or visit Knight Ridder’s Web site at www.knightridder.com.


STATISTICAL REPORT

For the period of 11/29/04 - 12/26/04

 

     December

         Year-to-Date

      
     2004

   2003

   Percent
Change


    2004

   2003

   Percent
Change


 

REVENUE ($000) - See Notes 1 & 2

                                

Advertising

                                

Retail

   108,480    105,600    2.7 %   1,087,684    1,074,891    1.2 %

National

   35,117    33,425    5.1 %   394,165    382,995    2.9 %

Classified

   55,946    52,038    7.5 %   869,179    822,436    5.7 %
    
  
        
  
      

Total

   199,543    191,063    4.4 %   2,351,028    2,280,322    3.1 %

Circulation

   40,956    42,690    -4.1 %   543,933    559,234    -2.7 %

Other Revenue

   11,635    14,442    -19.4 %   119,188    106,435    12.0 %
    
  
        
  
      

Total Operating Revenue

   252,134    248,195    1.6 %   3,014,149    2,945,991    2.3 %
    
  
        
  
      

AVERAGE CIRCULATION
(000’s of copies including Detroit) - Notes 1 & 2

                                

Morning

   3,490    3,543    -1.5 %   3,560    3,586    -0.7 %

Evening

   157    173    -9.7 %   170    185    -8.3 %

Daily

   3,647    3,716    -1.9 %   3,744    3,772    -0.7 %

Sunday

   5,048    5,109    -1.2 %   5,097    5,142    -0.9 %

ADVERTISING LINAGE
(000’s of six-column inches) - Notes 1 & 2

                                

Full-Run ROP

                                

Retail

   1,307.6    1,383.3    -5.5 %   14,166.4    14,526.9    -2.5 %

National

   294.0    280.4    4.8 %   3,373.8    3,255.0    3.7 %

Classified

   1,218.6    1,272.6    -4.2 %   18,556.4    18,316.5    1.3 %
    
  
        
  
      

Total

   2,820.2    2,936.3    -4.0 %   36,096.6    36,098.4    0.0 %
    
  
        
  
      

Factored Part-Run ROP

   186.9    186.3    0.3 %   2,443.5    2,397.4    1.9 %
    
  
        
  
      

TOTAL PREPRINTS INSERTED

   811,252    773,620    4.9 %   8,068,560    8,001,783    0.8 %
    
  
        
  
      


Statistical Report

For the period of 11/29/04 - 12/26/04

 

     December

         Year-to-Date

      
     2004

   2003

   Percent
Change


    2004

   2003

   Percent
Change


 

FULL-RUN ROP ADVERTISING LINAGE DATA

                                

By Markets (000’s of six-column inches) - Notes 1 & 2

                                

Akron Beacon Journal

   111.8    115.4    -3.1 %   1,549.8    1,540.8    0.6 %

Charlotte Observer

   125.2    129.4    -3.2 %   1,618.9    1,683.7    -3.8 %

Columbia State

   103.7    97.0    6.9 %   1,204.4    1,222.5    -1.5 %

Contra Costa (Note 3)

   114.8    113.7    1.0 %   1,412.3    1,367.7    3.3 %

Fort Wayne News-Sentinel, Journal Gazette

   102.7    98.8    3.9 %   1,406.0    1,363.5    3.1 %

Fort Worth Star Telegram

   173.8    189.5    -8.3 %   2,234.2    2,298.3    -2.8 %

Kansas City Star

   148.0    158.4    -6.6 %   2,010.7    2,000.9    0.4 %

Lexington Herald-Leader

   103.1    100.7    2.4 %   1,186.1    1,196.7    -0.9 %

Miami Herald & el Nuevo Herald

   163.7    176.0    -7.0 %   2,028.8    2,067.6    -1.9 %

Philadelphia Newspapers

   188.7    195.7    -3.6 %   2,389.0    2,312.3    3.3 %

St. Paul Pioneer Press

   102.0    106.3    -4.0 %   1,250.7    1,300.0    -3.8 %

San Jose Mercury News

   185.8    189.7    -2.1 %   2,401.0    2,429.5    -1.2 %

Wichita Eagle

   75.1    79.9    -6.0 %   924.7    902.4    2.5 %

All Other Dailies

   1,121.8    1,185.8    -5.4 %   14,480.0    14,412.5    0.5 %
    
  
        
  
      

Total - Full-Run ROP

   2,820.2    2,936.3    -4.0 %   36,096.6    36,098.4    0.0 %
    
  
        
  
      

Note 1 - The Detroit News and the Detroit Free Press operate under a joint operating agreement as Detroit Newspapers (DN). Revenue and linage are excluded for 2004 and 2003.

Note 2 - Measured by individual Knight Ridder newspapers. Where necessary, certain previously reported linage has been restated to be consistent with measurement guidelines currently in use.

Note 3 - Full-run ROP advertising linage represents the sum of full-run ROP linage for each of Contra Costa’s three newspapers.

 

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For further information, call Polk Laffoon IV at 408-938-7838