Tuesday, October 31, 2006

Newspaper circulation numbers down...

According to this NY Times piece:

Overall, average daily circulation for 770 newspapers was 2.8 percent lower in the six-month period ending Sept. 30 than in the comparable period last year, the Audit Bureau of Circulations reported. Circulation for 619 Sunday papers fell by 3.4 percent.

The decline, one of the steepest on record, adds to the woes of a mature industry beset by layoffs and the possible sale of some of its flagships.

The reason? You can guess:

Newspaper circulation has been in a long, slow decline for decades. But the pace of loss seems accelerated now, as the industry tries to adjust to the steady migration of readers and advertisers to the Internet.

Though the industry has felt consecutive declines over the last five years, the Newspaper Association of America said that the figures for the latest period were “the largest variance year over year” of which it was aware.

Still, the association said, when newspaper Web sites are taken into account, the number of readers its members reach is up very sharply. Revenues from Web sites are rising quickly as well, but they account for only a small portion of overall revenues, and it could be decades before Internet revenues exceed those from the printed editions of major newspapers.

I use the net for the majority of my news reading but I still do get several of our papers in print form. However, as more and more people do turn to the net which has the ability to provide updated information, newspapers are going to continue to have to find different ways to make income.

1 comment:

Me4Prez said...

I feel bad. I think they have all stopped reading newspapers and started reading me. Why get ink on your fingers when my wisdom can put a smile on your face or thought in your head? ;-) Of course, I am full of shite and you are probably better off getting your info from another source.