Newspaper ad revenue plummets in Q1

From Media Life Magazine
By Louisa Ada Seltzer
June 3, 2009

Newspaper ad revenue plummets 28.3 percent

Newspaper ad revenue has declined each of the past three years, and it certainly doesn’t look like that will change this year. Papers suffered their worst decline in recorded history during first quarter, according to numbers put out by the Newspaper Association of America. Quarterly revenue plunged 28.3 percent compared to the same time last year, from $9.2 billion to $6.6 billion. The hurt was felt across print and online both, with the latter slipping 13.4 percent to just over $696 million, the steepest decline since the NAA began tracking web revenue in 2003. Print was off 29.7 percent, to $5.9 billion. Classified took the biggest hit, off 42.3 percent from last year. It follows the worst-ever quarterly decline for radio as well.

Posted under Newspaper, Revenue

Posted by Cheri on June 3, 2009

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Newspapers Lose $18 Billion In 3-Year Period

From MediaPost Publications
By Erik Sass
May 14, 2009

Much attention has been focused on the decline of major American newspapers, and it’s common knowledge that print advertising revenues have plunged over the last couple of years. But exactly how much money have newspapers lost in their print operations? An estimated $18.7 billion from 2006-2008. Read More…

Posted under Newspaper, Revenue

Posted by Cheri on May 14, 2009

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Seeing through the gloom

From: Radio Business Report
By: Jim Carnegie, Editor & Publisher
May 8, 2009

Radio, TV stations drove $805 million in online dollars

According to new research from BIA Advisory Services broadcasters are showing signs of progress by developing Internet revenue for their stations. BIA estimates radio and televisions stations collectively drove some $805 million in online dollars, equal to 7.3% of the $11 billion local online ad money spent in 2008.

Posted under Radio, Research, Revenue

Posted by Cheri on May 8, 2009

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