An employee passes newspaper fronts of McClatchy Co. owned newspapers in their Washington office July 24, 2008. McClatchy Co. reported a more than 40 percent drop in quarterly profit on Thursday as advertising revenue plunged in the newspaper publisher's key markets. Reuters Pictures 16 months ago

An employee passes newspaper fronts of McClatchy Co. owned newspapers in their Washington office July 24, 2008. McClatchy Co. reported a more than 40 percent drop in quarterly profit on Thursday as advertising revenue plunged in the newspaper publisher's key markets.