J Students--where are you going to be working? Online earnings are up for Washington Post.

Posted by Steve Outing 2:32:05 PM New-Media Revenue Up at Washington Post Co. The Washington Post Co.'s long-time, serious investment in new media appears to be paying off. In its first-quarter 2003 earnings report, announced yesterday, the company says that online publishing activities (primarily WashingtonPost.com) increased 27% to $9.5 million, up from $7.5 million for Q1 2002. Local and national online advertising revenues grew 78% for the same period, according to a company spokesman. And revenue for the Jobs section of WashingtonPost.com increased 17% -- while the newspaper's overall classifieds revenue was down $2.3 million (due to a 17% volume decline). As for earnings, the newspaper division increased its operating income to $21.4 million from $17.5 million in 2002, "attributable to increases in print and online advertising revenue." (Here's the earnings press release.)