EX-99.2 3 dex992.htm MARCH STATISTICAL REPORT March Statistical Report

Exhibit 99.2

 

NEWS RELEASE

 

KNIGHT RIDDER

 

50 WEST SAN FERNANDO ST.

 

SAN JOSE, CA 95113

 

Knight Ridder Reports March Revenue and Linage

 

SAN JOSE, April 15, 2005 – (KRI:NYSE) – Total advertising revenue was up 0.7% for March. For the month, retail was up 2.7%, national was down 6.7% and classified was up 1.6%. Help wanted was up 12.6%. Real estate was down 0.7%. Auto was down 7.2%.

 

For the year to date, total advertising revenue was up 3.3%. Retail was up 3.1%, national was up 1.9%, classified was up 4.3%. Help wanted was up 16.5%. Real estate was up 3.8%. Auto was down 6.1%.

 

Total operating revenue was down 0.7% for the month and up 1.7% for the year.

 

Total ad revenue for the month was up 9.5% in Wichita, 6.3% in Columbia, 4.4% in Fort Wayne, 4.2% in Akron, 4.1% in Lexington, 3.9% in St. Paul, 3.5% in Miami and 0.9% in San Jose. The other large markets were soft.

 

Retail for the month was up 16.4% in San Jose, 12.5% in St. Paul, 10.4% in Wichita, 7.3% in Columbia, 6.4% in Contra Costa, 4.0% in Miami, 1.4% in Fort Worth and 0.9% in Kansas City. Philadelphia and Charlotte were soft.

 

National for the month was up 27.8% in Lexington, 15.4% in Columbia, 10.8% in Akron, 10.2% in Fort Wayne and 1.4% in San Jose. Contra Costa, Fort Worth, Philadelphia, Kansas City, Contra Costa, St. Paul and Miami were soft.

 

Classified for the month was up 10.6% in Wichita, 8.6% in Miami, 5.6% in Akron, 3.4% in Fort Wayne, 3.0% in Lexington, 2.9% in Columbia, 0.8% in St. Paul, 0.7% in Fort Worth, 0.7% in Contra Costa and 0.4% in Charlotte. San Jose, Philadelphia and Kansas City were soft.

 

Twenty-one of 27 markets had double-digit increases in employment. Among the large markets, Akron was up 26.5%, St. Paul was up 16.4%, Fort Worth was up 15.4%, Miami was up 12.0% and Kansas City was up 11.4%. Only Philadelphia and Macon were soft. Real estate was mixed: the small markets were up 8%, while the large markets were down 4.7%.

 

The large markets were down in auto, with only Contra Costa and Miami showing strength, up 6.3% and 5.8%, respectively.

 

Other revenue was down 11.9%, due to a 64.9% decrease in earnings from Detroit, somewhat offset by an 8.1% increase in commercial print revenue and a 22.7% increase in augmentation revenue.

 

Circulation revenue was down 4.0% for the month. As in January, a piece of that is due to a change in business practices which lower both revenue and carrier compensation (no effect to the bottom line) in certain markets. Much of the rest of the decline was due to a decrease in circulation copies and an increase in discounts.

 

Knight Ridder (NYSE: KRI) is the nation’s second-largest newspaper publisher, with products in print and online. The company publishes 31 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 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 110 U.S. markets. Knight Ridder and Knight Ridder Digital are headquartered in San Jose, Calif.

(FR)

 

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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 2/28/05 - 3/27/05

 

     March

  

Percent
Change


    Year-to-Date

  

Percent
Change


 
     2005

   2004

     2005

   2004

  
REVENUE ($000) - See Notes 1 & 2                                 

Advertising

                                

Retail

   82,780    80,579    2.7 %   249,173    241,766    3.1 %

National

   28,629    30,680    -6.7 %   95,940    94,122    1.9 %

Classified

   70,104    69,033    1.6 %   221,023    211,989    4.3 %
    
  
        
  
      

Total

   181,513    180,292    0.7 %   566,136    547,877    3.3 %

Circulation

   41,564    43,284    -4.0 %   134,248    139,209    -3.6 %

Other Revenue

   7,820    8,882    -12.0 %   24,344    25,185    -3.3 %
    
  
        
  
      

Total Operating Revenue

   230,897    232,458    -0.7 %   724,728    712,271    1.7 %
    
  
        
  
      

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

                                

Morning

   3,599    3,692    -2.5 %   3,561    3,642    -2.2 %

Evening

   160    178    -10.0 %   159    176    -9.8 %

Daily

   3,759    3,870    -2.9 %   3,720    3,818    -2.6 %

Sunday

   5,228    5,276    -0.9 %   5,065    5,188    -2.4 %

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

                                

Full-Run ROP

                                

Retail

   1,024.1    1,092.8    -6.3 %   3,163.7    3,250.1    -2.7 %

National

   253.1    251.3    0.7 %   815.9    801.5    1.8 %

Classified

   1,389.0    1,406.9    -1.3 %   4,365.4    4,440.5    -1.7 %
    
  
        
  
      

Total

   2,666.2    2,751.0    -3.1 %   8,345.0    8,492.1    -1.7 %
    
  
        
  
      

Factored Part-Run ROP

   185.2    198.7    -6.8 %   562.1    581.0    -3.3 %
    
  
        
  
      

TOTAL PREPRINTS INSERTED

   587,330    592,451    -0.9 %   1,959,221    1,809,202    8.3 %
    
  
        
  
      


Statistical Report

For the period of 2/28/05 - 3/27/05

 

     March

  

Percent
Change


    Year-to-Date

  

Percent
Change


 
     2005

   2004

     2005

   2004

  
FULL-RUN ROP ADVERTISING LINAGE DATA
    By Markets (000’s of six-column inches) - Notes 1 & 2
                                

Akron Beacon Journal

   109.1    119.4    -8.6 %   346.5    352.9    -1.8 %

Charlotte Observer

   122.8    124.8    -1.6 %   381.8    377.3    1.2 %

Columbia State

   86.3    91.9    -6.1 %   262.7    286.7    -8.4 %

Contra Costa (Note 3)

   106.0    105.3    0.7 %   342.8    328.5    4.4 %

Fort Wayne News-Sentinel, Journal Gazette

   109.0    99.8    9.2 %   324.1    316.4    2.4 %

Fort Worth Star Telegram

   157.4    174.1    -9.6 %   506.5    534.7    -5.3 %

Kansas City Star

   148.6    150.8    -1.5 %   491.2    466.4    5.2 %

Lexington Herald-Leader

   85.3    89.4    -4.6 %   257.2    278.6    -7.7 %

Miami Herald & el Nuevo Herald

   153.7    163.3    -5.9 %   521.8    510.2    2.3 %

Philadelphia Newspapers

   150.0    175.8    -14.7 %   531.1    555.4    -4.4 %

St. Paul Pioneer Press

   93.1    99.3    -6.2 %   288.1    293.0    -1.7 %

San Jose Mercury News

   152.3    181.4    -16.0 %   514.8    575.7    -10.6 %

Wichita Eagle

   79.2    66.0    20.0 %   230.4    204.7    12.6 %

All Other Dailies

   1,113.4    1,109.7    0.3 %   3,346.0    3,411.6    -1.9 %
    
  
        
  
      

Total - Full-Run ROP

   2,666.2    2,751.0    -3.1 %   8,345.0    8,492.1    -1.7 %
    
  
        
  
      

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 2005 and 2004.

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