; and (B) in the case of each calendar quarter thereafter, 30 percent. (2) Eligible newspaper employer The term eligible newspaper employer means, with respect to any calendar quarter, any employer if substantially all of the gross receipts of such employer for such calendar quarter are derived from the trade or business of publishing print or digital publications— (A) the primary content of which is news and current events; and (B) at least 51 percent of the readers of which reside in— (i) a single State or a single possession of the United States; or (ii) a single area with a 200-mile radius. (3) Qualified journalism compensation (A) In general The term qualified journalism compensation means— (i) wages paid by an eligible newspaper employer to an employee for service as a journalist