DallasNews Corporation (NASDAQ:DALN) Q4 2023 Earnings Call Transcript

This outstanding journalism largely contributed to what Katy referred to as our third consecutive year of membership revenue growth, because we remain committed to pricing our digital membership at a premium rate. Last, I’m proud of our Medium Giant team’s discipline when we chose to exit the shared mail business in August of last year. Medium Giant continues to offer advertisers the products and services they value most, and it was clear from the rapid decline in our shared mail revenue that advertisers no longer saw value in this product offering. Looking ahead to 2024, we’ve recently added Chris Patheiger to our team as the company’s Chief Product and Innovation Officer. We brought Chris on board to enhance our digital product offering and build new digital products to reach new audiences.

We are in the early stages of Chris’ work, but our goal is to expand our product portfolio to reach new audiences and provide new sources of revenue growth for the company. John, we will now open it up to questions.

Operator:

Katy Murray: All right. Well, John, well, thank you very much for your assistance this morning. And everyone who has joined, thank you again for listening to our fourth quarter and full year 2023 results. And we look forward to updating everyone with our progress on our first quarter of 2024 earnings call, which will be handled sometime in the second quarter. Thank you.

Operator: And ladies and gentlemen, that does conclude your conference call for today. We do thank you for your participation and for using AT&T Event Conferencing. You may now disconnect.