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Stop the Presses: The Death of the Newspaper Industry

STOP THE PRESSES mintcom THE DEATH OF THE NEWSPAPER INDUSTRY TOTAL PAID CIRCULATION: NUMBER OF NEWSPAPERS CIRCULATED IN MILLIONS THE FACTS: 70 On February 27, 2009, The Rocky Mountain News printed its last edition, just two months shy of its 150th anniversary. Barclays Capital projects US newspaper advertising revenue will decline 22% in 2009 and another 10% in 2010. 50 Year to date there have been 13,636 newspaper employee layoffs and buyouts while 2007 saw an esti- mated 16,000. In the worst quarter in modern history for American newspapers, advertising sales fell by an unprecedented 28.3% in the first three months of 2009, plunging sales by more than $2.6 billion from the prior year. 1980 1990 2000 2008 DAILY WEEKEND AMERICA'S TOP 25 PAPERS: 0% -7.5% -15% -22.5% % CHANGE IN CIRCULATION '08-'09 STOCK PRICES OF MAJOR NEWSPAPER PUBLISHERS $175 $140 $105 $70 $35 $0 2000 2009 E.W. SCRIPPS GANNETT INC. MCCLATCHY N.Y. TIMES EXPENDITURES ON NEWSPAPER REVENUE SOURCES: NEWSPAPER ADVERTISING: % CHANGE YEAR OVER YEAR $20B 30% $15B 22.5% 15% $10B 7.5% $5B -7.5% $ов Advertising Monthly Total Circulation Online 1995 2000 2009 70% 20% 7% 100% % OF TOTAL REVENUE SOURCES: NAA.ORG / BLOOMBERG.COM USA TODAY W.S.J. N.Y. TIMES LA. TIMES WASHINGTON POST N.Y. DAILY NEWS N.Y. POST CHICAGO TRIBUNE HOUSTON CHRONICLE ARIZONA REPUBLIC NEWSDAY DALLAS MORNING MINNEAPOLIS STAR CHICAGO SUN S.F. CHRONICLE BOSTON G PHILADELPHIA INQUIRER NEWARK STAR ST. PETERSBURG TIMES OREGONIAN ATLANTA JOURNAL SAN DIEGO TRIBUNE

Stop the Presses: The Death of the Newspaper Industry

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Coffee, orange juice, some toast, cereal or a few eggs, and a newspaper. This is the classic example of how many start their weekday mornings, but as luck would have it the times are changing and tra...

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