EX-99.2 3 dex992.htm KNIGHT-RIDDER, INC. JUNE STATISTICAL REPORT PRESS RELEASE Knight-Ridder, Inc. June Statistical Report Press Release

Exhibit 99.2

 

KNIGHT RIDDER

 

50 WEST SAN FERNANDO ST.

 

SAN JOSE, CA 95113

 

Knight Ridder Reports June Revenue and Linage

 

SAN JOSE, July 14, 2005 – (KRI:NYSE) – Total advertising revenue was up 0.9% for June. For the month, retail was up 0.7%, national was up 0.1% and classified was up 1.6%. Help wanted was up 13.9%. Real estate was up 9.0%. Auto was down 10.9%.

 

For the year to date, total advertising revenue is up 2.7%. Retail is up 2.6%, national is down 1.0%, classified is up 4.4%. Help wanted is up 15.2%. Real estate is up 7.4%. Auto is down 6.3%.

 

Total operating revenue was down 0.3% for the month and up 0.9% for the year.

 

Total ad revenue for the month was up 8.8% in Contra Costa, 5.9% in St. Paul, 1.5% in Kansas City, 0.9% in Fort Worth and 0.1% in Miami. The other large markets were soft.

 

Retail for the month was up 9.1% in Contra Costa, 4.7% in San Jose, 3.7% in Kansas City, 2.2% in Philadelphia and 1.2% in Fort Worth. Miami and Charlotte were soft.

 

National for the month was up 23.9% in Charlotte, 15.1% in Contra Costa and 9.0% in St. Paul, and was virtually flat in Fort Worth. The other large markets were soft.

 

Classified for the month was up 17.1% in St. Paul, 8.6% in Lexington, 7.6% in Wichita, 6.5% in Contra Costa, 5.9% in Miami, 3.6% in Kansas City and 0.8% in Fort Worth. San Jose, Philadelphia and Charlotte were soft.

 

Twenty-five of 27 markets had increases in employment revenue, with 17 showing double-digit gains. Among the large markets, St. Paul was up 38.6%, Columbia was up 26.8%, Fort Worth was up 18.1%, Miami was up 15.6% and Kansas City was up 13.1%.

 

Other revenue was down 9.3%, due entirely to severance expense in Detroit related to the consolidation of production operations in their new plant.

 

Circulation revenue was down 4.2% for the month.

 

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 5/30/05 - 6/26/05

 

     June

         Year-to-Date

      
     2005

   2004

   Percent
Change


    2005

   2004

   Percent
Change


 

REVENUE ($000) - See Notes 1 & 2

                                

Advertising

                                

Retail

   81,176    80,630    0.7 %   522,795    509,518    2.6 %

National

   30,918    30,898    0.1 %   189,872    191,735    -1.0 %

Classified

   73,339    72,174    1.6 %   457,668    438,338    4.4 %
    
  
        
  
      

Total

   185,433    183,702    0.9 %   1,170,335    1,139,591    2.7 %

Circulation

   40,182    41,962    -4.2 %   266,564    275,615    -3.3 %

Other Revenue

   6,836    7,533    -9.3 %   49,339    57,281    -13.9 %
    
  
        
  
      

Total Operating Revenue

   232,451    233,197    -0.3 %   1,486,238    1,472,487    0.9 %
    
  
        
  
      

AVERAGE CIRCULATION

                                

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

                                

Morning

   3,324    3,468    -4.1 %   3,520    3,607    -2.4 %

Evening

   149    172    -13.6 %   156    174    -10.6 %

Daily

   3,473    3,640    -4.6 %   3,676    3,782    -2.8 %

Sunday

   4,801    5,031    -4.6 %   4,976    5,131    -3.0 %

ADVERTISING LINAGE

                                

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

                                

Full-Run ROP

                                

Retail

   1,029.5    1,069.9    -3.8 %   6,585.8    6,788.2    -3.0 %

National

   256.7    260.1    -1.3 %   1,613.0    1,655.5    -2.6 %

Classified

   1,452.0    1,511.5    -3.9 %   9,074.5    9,238.2    -1.8 %
    
  
        
  
      

Total

   2,738.2    2,841.5    -3.6 %   17,273.3    17,682.0    -2.3 %
    
  
        
  
      

Factored Part-Run ROP

   199.9    204.1    -2.1 %   1,247.7    1,240.5    0.6 %
    
  
        
  
      

TOTAL PREPRINTS INSERTED

   592,437    594,980    -0.4 %   3,803,691    3,752,260    1.4 %
    
  
        
  
      


Statistical Report

For the period of 5/30/05 - 6/26/05

 

     June

  

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

   115.9    128.4    -9.7 %   721.3    754.0    -4.3 %

Charlotte Observer

   124.9    124.7    0.2 %   791.3    787.1    0.5 %

Columbia State

   89.9    94.1    -4.5 %   542.8    585.6    -7.3 %

Contra Costa (Note 3)

   115.4    107.3    7.5 %   705.9    678.4    4.1 %

Fort Wayne News-Sentinel, Journal Gazette

   111.7    110.8    0.8 %   694.6    675.3    2.9 %

Fort Worth Star Telegram

   172.4    183.5    -6.0 %   1,042.2    1,123.7    -7.3 %

Kansas City Star

   160.1    160.6    -0.3 %   1,005.9    989.5    1.6 %

Lexington Herald-Leader

   96.6    90.3    7.0 %   566.9    577.0    -1.8 %

Miami Herald & el Nuevo Herald

   152.0    147.1    3.3 %   1,043.2    995.7    4.8 %

Philadelphia Newspapers

   163.0    182.3    -10.6 %   1,060.4    1,155.0    -8.2 %

St. Paul Pioneer Press

   100.4    99.9    0.5 %   596.0    618.7    -3.7 %

San Jose Mercury News

   172.5    198.5    -13.1 %   1,064.8    1,202.9    -11.5 %

Wichita Eagle

   79.6    75.9    4.9 %   492.2    437.4    12.5 %

All Other Dailies

   1,083.8    1,138.2    -4.8 %   6,945.6    7,102.0    -2.2 %
    
  
        
  
      

Total - Full-Run ROP

   2,738.2    2,841.5    -3.6 %   17,273.3    17,682.0    -2.3 %
    
  
        
  
      

 

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