Friday, October 26, 2007

Maybe those free papers aren't such an easy sell

A story in the Georgia Straight points out that Metro International S.A., which is a partner in the Vancouver Metro Vancouver free commuter paper lost twice as much in its third quarter as it lost all of 2006.Metro International's US$18.2 million loss came on sales of US$91.5 million. This means that for every $5 in sales, the company posts a loss of almost $1. This has occurred despite Metro's

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