Monday, April 28, 2008

Newspaper biz continues collapse

The latest circulation figures for US newspapers are as bad as all the rest of the news for that industry over the past few years. Of the twenty largest papers in the country, eighteen posted declines; the two largest papers, USA Today (+0.3%) and Wall Street Journal (+0.4%) posted modest gains.

Some of the declines, by contrast, were substantial. The worst being:
Dallas Morning News -10.6%
Atlanta Journal-Constitution -8.5%
Boston Globe -8.3%

Such losses would be bad, but not necessarily crippling, for any business as a one-time thing; as part of a long-term trend, where these losses are being compounded year-on-year, the end result is a bit frightening.

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