Central Newspapers, Inc. - ECP- Profile

Central Newspapers, Inc. through subsidiaries is principally concerned with newspaper publishing and derives revenue from advertising and newspaper copy sales in the metropolitan areas of Phoenix, Arizona, and Indianapolis, Indiana. Newspapers published include "The Arizona Republic", "The Phoenix Gazette", "The Indianapolis Star", "The Alexandria Daily Town Talk", "The Star Press", "The Vincennes Sun-Commercial", "The Daily Ledger" and others. The company publishes several daily and weekly newspapers serving smaller communities in Indiana and Louisiana. The company also organises job fairs for the technology and service industries, publishes career magazines and runs an internet resume posting and research site through it's subsidiary, Westech. During the year, the company sold it's 80% interest in Homebuyer's Fair. The company has incurred $8.5 million towards year 2000 expenses till date. Newspaper advertising accounted for 75% of 1999 revenues; daily and weekly newspapers circulation, 19% and job fair, commercial printing and publications revenue, 6%.