$500,000 revenues for Briefing in Q3

Briefing, the new free, home-delivered daily by A.H. Belo Corp. (Dallas) reported a revenue of approximately $500,000 in the third quarter of 2008.

The paper was launched halfway in August so this concerns only half the period reported. Costs, however, were not disclosed.

Belo also reported a lower than expected opt-out rate for the paper, although they did not reveal their ‘expectations’.

The company in total reported $17.26 million in losses, much motre than the net loss of $6.28 million in Q3 2006. (RTT News)

Briefing uses mostly material from paid paper Dallas Morning News.

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