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UK News Profits Hit By Digital; Murdoch Joins PA Board; Guardian.co.uk Overtaken

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The pattern continues in today’s earnings, as UK news operators plough money in to digital projects and take a hit on classifieds ads, our sister site paidContent:UK reports…

PA Profit Slumps On Video Investment, Murdoch Joins Board: Newswire operator The Press Association Group saw operating profit fall from £2.6 million to £1.4 million ($2.75 million) in 2007 after