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Classified Ventures down 13%

Posted by Matt Sokoloff on August 13, 2008

Cars.com, Homescape, Apartments.com, RentalHomesPlus, and HomeGain aren’t immune from the dip in ad revenue. Classified Ventures LLC which runs those sites is now valued at $338 million down from $382 million in December 2007. Classified Ventures is owned by McClatchy, A.H. Belo Corp., Gannett Co., Tribune Co. and The Washington Post Co. All this according to a 10K filed by McClatchy that Peter Krasilovsky sifted through. Krasilovsky also points out that CareerBuilder is also slightly down.