The Sorry State of the Newspaper Industry - 0 views
-
The U.S. newspaper industry was already facing numerous challenges before the economy took a nosedive, but the latest data from the Newspaper Association of America shows that the current economic climate has only exacerbated the already dire state of the American newspaper industry.
-
Specifically, total newspaper advertising revenue fell 16.6% in 2008.
-
Classifieds advertising, which is under a lot of pressure from online ventures like Craigslist, fell almost 30%, and real estate classifieds fell 38%.