The Washington Post Co. released its second-quarter results this morning, and overall, the group is healthy: Revenue in Q2 was up 11 percent to $1,201.8 million, on the same quarter last year.That growth was led by the group's education division, which is going gangbusters with 15 percent revenue growth last quarter over the same quarter last year,
| Wait until the new regulations on student loans made at for-profit universities bite ... |
But the newspaper that gives the group its name is a different story. The newspaper division saw revenues up just 2 percent for the second quarter, year-on-year, but down slightly when comparing the first six months of this year to the same period last year. Print advertising is down 6 percent in Q2, year-on-year, and -- probably the grimmest number of all -- daily circulation in the first six months of the year is down more than 10 percent.