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Tribune News Service
Tribune News Service
Business
Maria Halkias

Dallas Morning News parent company sees rising costs outweigh digital subscription gains

DALLAS — Lower advertising and marketing revenue and higher newsprint and other costs resulted in a third-quarter loss for the parent company of The Dallas Morning News.

DallasNews Corporation reported a loss of $2.6 million for the three-month period that ended Sept. 30, compared with a profit of $1.63 million for the same quarter last year when results were boosted by a one-time tax gain.

Quarterly revenue totaled $37.7 million, down 1.6% from a year ago. Revenue from advertising and marketing services fell 3.2% over the same period.

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