Monday, September 10, 2012

How bad is the newspaper business?

Revenues (inflation adjusted) have fallen back to the level of 1950.  Adding in online revenue makes a negligible contribution to the industry.

Holy cow!


JLM said...

But wasn't 1950, the dawn of TV and TV news, supposed to be the END of newspapers' golden era?

Jim Gust said...

Good point! I guess they were crying "wolf."

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