<ARTICLE>        5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS FOR AMERICAN CITY BUSINESS JOURNALS, INC. AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<CIK>            0000769339
<NAME>           AMERICAN CITY BUSINESS JOURNALS, INC.
<MULTIPLIER>     1
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                      17,815,000
<SECURITIES>                                         0
<RECEIVABLES>                               13,667,000
<ALLOWANCES>                                   462,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                            32,164,000
<PP&E>                                      12,487,000
<DEPRECIATION>                               8,015,000
<TOTAL-ASSETS>                              92,130,000
<CURRENT-LIABILITIES>                       23,248,000
<BONDS>                                     67,666,000
<COMMON>                                     7,763,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                 (9,224,000)
<TOTAL-LIABILITY-AND-EQUITY>                92,130,000
<SALES>                                     97,696,000
<TOTAL-REVENUES>                            97,696,000
<CGS>                                                0
<TOTAL-COSTS>                               46,830,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                               593,000
<INTEREST-EXPENSE>                           5,260,000
<INCOME-PRETAX>                              9,131,000
<INCOME-TAX>                                 3,835,000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 5,296,000
<EPS-PRIMARY>                                      .74
<EPS-DILUTED>                                      .71