Newspaper industry posts biggest ad drop in 50 years

By Michael McCullough on March 30, 2008 11:43 PM
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dead_dinosaur.jpg

Boo-hoo.

The dinosaur media morons still don’t know that it’s their crappy, biased reporting that’s responsible for the decline in readership. They blame it one the economy or changing reading habits or the internet. Bloggers are particularly disliked by the newspaper industry.

From Editor & Publisher:

NEW YORK The newspaper industry has experienced the worst drop in advertising revenue in more than 50 years.

According to new data released by the Newspaper Association of America, total print advertising revenue in 2007 plunged 9.4% to $42 billion compared to 2006 — the most severe percent decline since the association started measuring advertising expenditures in 1950.

 

 

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This page contains a single entry by Michael McCullough published on March 30, 2008 11:43 PM.

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