Dallas Morning News parent plans to spend more on digital to lift its long-term potential

Posted

The parent company of The Dallas Morning News posted a third-quarter operating loss on higher costs and warned investors that its results will be under pressure through 2022 because of larger investments in digital products.

During a call with investors on Tuesday, Robert W. Decherd, DallasNews Corporation’s chairman, president and chief executive, said additional digital investment will cause financial pressure for the next 15 months.

Read more from The Dallas Morning News