C irculation decline and ad revenue decline are the news for newspapers. Here is the latest from the AP: “Newspaper publishers’ ad revenue totaled $27.6 billion in 2009, down from $37.8 billion in 2008, according to the Newspaper Association of America. It’s the industry’s lowest ad volume since 1986, when sales totaled $27 billion, unadjusted for inflation… Newspapers’ annual ad revenue has now fallen by nearly $22 billion, or 44 percent, since 2006.”
Ouch. I wonder how much the bottom line of the Birmingham News is hurting? I would count the ad copy and column inches, but I canceled my subscription to the Birmingham News when the company named an Auburn fan as its publisher. Anyone watching the ad ratio in the News? What is it like today? (read more about the national newspaper trend below)
I am proud to report that circulation has quadrupled in the last 6 months thanks to our new “Pro-Auburn” stance. And the ad revenues are going through the roof.
Everything is just peachy here. Just peachy…….peachy……yep……..
I am going to get real here and state that there is no upside to the News going out of Business.
Do I loathe the Editorial Board and the Content that is slanted to Editorial Opinion ? Hell Yes. I think that my bottom line is that there is on occasion – I can glean something of substance out of the Rag – Is it worth the money ?
Obviously it is all subjective.