Monday, October 30, 2006

For newspapers, the hits just keep on coming

Unfortunately, not the kind of hits they'd like.

The latest circulation reports say that the big papers continue their accelerating collapse:
This is the fourth consecutive semi-annual report to register a severe drop in daily circulation and -- perhaps more troubling to the industry -- Sunday copies. While the estimated decline 2.8% for daily circulation for all reporting papers may seem negligible, consider that in years past that decrease averaged around 1%. Sunday, considered the industry's bread-and-butter, showed even steeper losses, with a decline of about 3.4%.
Some papers (we're looking at you, LA Times) are doing even worse:
The Los Angeles Times reported that daily circulation fell 8% to 775,766. Sunday dropped 6% to 1,172,005.

The San Francisco Chronicle was down. Daily dropped 5.3% to 373,805 and Sunday fell 7.3% to 432,957.

The New York Times lost 3.5% daily to 1,086,798 and 3.5% on Sunday to 1,623,697. Its sister publication, The Boston Globe, reported decreases in daily circulation, down 6.7% to 386,415 and Sunday, down 9.9% to 587,292.

The Washington Post lost daily circulation, which was down 3.3% to 656,297 while Sunday declined 3.6% to 930,619.
I looked around on the web and found a circulation report from 1999, showing the LAT has dropped 28% (300,000) in the past seven years, from 1,078,000 to today's 776,000.

It becomes increasingly difficult for marketers to use newspapers as their primary trade promotion medium -- leaving little choice but to rely ever more heavily on in-store promotion.

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