(Community Matters) Definitely in the category of yikes – a friend forwarded the latest information on newspaper revenues. For the second quarter, decreases of 30% and 16% in print & online revenues. These after declines of 30% and 13% in the previous quarter. Projecting a combined drop of 27% for fy ’09.
Harvard University Journalism School: Can newspaper publishers survive this revenue freefall? Perhaps, if they embrace a digital future. I’m glad the AAS leads all peers in its online presence
The article goes on to note that newspapers’ market share of advertising dollars has declined steadily since 1949.
Community Matters 