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    • Sun Mar 23rd 16:16 PM | Rating: 0 0
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      What Media Company Gained the Most Market Share in 2007?
      "What media company gained most market share in 2007" article by Erik Schonfeld superbly showed advertising revenue gains and losses among media companies. It showed Gannett Co. having the largest loss of all, which accounts for its continuous drop in share price.

      So why, after Gannett shares have dropped from $61 to $29, and are logically heading down to a realistic value of maybe $20/share, does FinanceYahoo.com and some of financial analysts suggest a target price of $40/share. This is absurd number, in view of Schonfeld's factual data showing Google, News Corp and others 'cleaning house' in sweeping up ad dollars while print dinosaurs like Gannett are sinking fast.
      Are these analysts crazy, or have they been seduced/co-opted by dinners and drinks by Gannett promoters in New York?
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