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New York Post Chairman Rupert Murdoch has apologized for a cartoon that critics said likened a violent chimpanzee shot dead by police to President Barack Obama.

The obituaries of newspapers and magazines have been written by everyone who can hold a pen or type on a keyboard. Might that now change?

Gannett Co., the largest US newspaper publisher, said fourth-quarter profit fell 36 percent on faltering advertising sales and expenses to cut jobs.

New York Times reported a lower fourth-quarter profit as an advertising slump continues to erode its capital base. The publisher's revenue fell 11%.