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At Least You're Not in The Newspaper Business

11-27-2012

There's certainly a silver lining for a radio industry that experiences low single digit growth every year. It's not the newspaper industry. Over the Thanksgiving day holiday, the newspaper industry reported advertising revenue dropped 5.1% from $5.56 billion in the third quarter of 2011 to $5.27 billion in the third quarter of 2012. National was down 10.4%, retail was down 6% and classifieds slipped 4.8%. Online ad revenues increased 3.6% from $733 million to $759 million.This is the 25th consecutive quarter revenue has declined for the newspaper business.




(11/27/2012 10:45:19 AM)
Typical radio nonsense. Always dissing another medium. Well, the major papers are kicking our a** in the digital side. Some have their own radio or tv channels and use video aggressively. Big advice: clean up your own house first, then point out newspapers problems. Also quit sucking up to Clear Channel. I want to vomit.

- Jim Copley

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