", New York University journalism professor Mitchell Stephens has called for a turn toward "wisdom journalism" that will take a more evaluative, investigative, informed, and possibly even opinionated stance.. The Bureau of Labor Statistics reports that 39,210 people worked in the newspaper industry in 2017, as reporters, editors, photographers, and film and video editors—-a number which is down 15 percent from 2014 and an  Instead of perusing general interest publications, such as newspapers, readers are more likely to seek particular writers, blogs or sources of information through targeted searches, rendering the agglomeration of newspapers increasingly irrelevant. How much further ad sales will decline cannot be predicted with accuracy. , The deterioration in the United States newspaper market led one senator to introduce a bill in March 2009 allowing newspaper companies to restructure as nonprofit corporations with an array of tax breaks. (+1) 202-419-4372 | Media Inquiries. , In some countries, such as India, the newspaper remains more popular than Internet and broadcast media. The cure for the newspaper industry’s ills was once thought to be a “hyper-local” focus, but that’s not proving to be the salve for New York City, which is suffering an unprecedented decline in local news coverage. In Detroit, both newspapers, Detroit Free Press and The Detroit News, slashed home delivery to three days a week, while prodding readers to … In the late 1970s, 60 percent of 12th-graders said they read a book or magazine almost every day; by 2016, only 16 percent did. Global Newspaper Publishing industry outlook (2020-2025) poll Average industry growth 2015-2020: x.x lock Purchase this report or a membership to unlock the average company profit margin for … , Within the industry, there is little consensus on the best strategy for survival.  Major publishers such as Le Monde and Vogue increasingly use advanced artificial intelligence (AI) technology to post stories more effectively and generate higher volumes of traffic. Layoffs at established newspaper chains and digital upstarts alike reflect the difficulty of the news business. Many of these competitors are simply 'aggregators' of news, often derived from print sources, but without print media's capital-intensive overhead. Plans for Web-based subscription services have largely faltered, with the exception of financial outlets like The Wall Street Journal, which have been able to generate substantial revenues from subscribers whose subscriptions are often underwritten by corporate employers. But revenues from online editions have come nowhere near matching previous print income from circulation and advertising sales, since they get only about one-tenth to one-twentieth the revenue for a Web reader that they do for a print reader; Value of the newspaper market in Canada in 2012 and 2017 Leading Sunday newspapers in the U.S. 2014, by circulation Fastest growing U.S. newspapers 2013-2014, by circulation growth Free services like Craigslist have decimated the classified advertising departments of newspapers, some of which depended on classifieds for 70% of their ad revenue.  (Although McClatchy faced delisting from the New York Stock Exchange for having a share price below $1, in September 2009, it was able to overcome this threat. "Washington Post appears to be a dinosaur – but has already evolved", This page was last edited on 4 December 2020, at 02:49. Follow. to strong growth in advertising spending (10.8%) offsetting a 6.4% decline in circulation spending. , According to one study, declines in employment in the newspaper industry have led to a massive reduction in the amount of political coverage by newspapers.  One of the few large dailies finding a buyer is The San Diego Union-Tribune, which agreed to be sold to a private equity firm for what The Wall Street Journal called "a rock-bottom price" of less than $50 million — essentially a real estate purchase. The second most widely read regional newspaper is The Hobart Mercury with a readership of 45,000 (down 8.2 per cent) just ahead of the Townsville Bulletin also on 44,000 (down 10.0 per cent). , The increasing use of the Internet search function, primarily through large engines such as Google, has also changed the habits of readers. But despite the purchase of the San Diego newspaper, the deal is unlikely to stoke much private equity interest in the industry, according to. Table: Annual By 2016, that number was only 2 percent. " Making those technological changes work for them, instead of against them, will decide whether newspapers remain vital — or roadkill on the information superhighway. Learn how and when to remove this template message, Reuters Institute for the Study of Journalism, World Association of Newspapers and News Publishers, Social media and political communication in the United States, "Newspaper Execs Treading Carefully on Anti-trust Laws", "The Newspaper Economic Action Plan: A sense check", "Responses to Entry in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers", "Murdoch Predicts Gloomy Future for Press", "Buffeted: Newspapers Are Paying the Price for Shortsighted Thinking", "Out of Print: The Death and Life of the American Newspaper", "Young using social media to access news", "Print still has a future, and Le Monde can prove it. Television and the Internet both bring news to the consumer faster and in a more visual style than newspapers, which are constrained by their physical format and their physical manufacturing and distribution.  The Newspaper Revitalization Act would allow newspapers to operate as nonprofits similar to public broadcasting companies, barring them from making political endorsements. Blogs cannot afford it. , The circulation decline, coupled with a 23% drop in 2008 newspaper ad revenues, have proven a double whammy for some newspaper chains. Press baron Rupert Murdoch once described the profits flowing from his stable of newspapers as "rivers of gold", but several years later said, "sometimes rivers dry up. 08-27. "If we do not take advantage of the current movement toward paid content, it will be the content creators – the people in this hall – who will pay the ultimate price and the content kleptomaniacs who triumph. In 2008 and 2009, three other U.S. newspaper chains have seen their shares delisted by the New York Stock Exchange. , With profits falling, many newspapers have cut back on their most expensive reporting projects — overseas bureaus and investigative journalism. , By March 2018, it was acknowledged that the digital circulation for major newspapers was declining as well, leading to speculation that the entire newspaper industry in the United States was dying off. A report by Reuters Institute for the Study of Journalism described how a 'second wave of disruption' had hit news organisations, with publishers such as The Economist having to employ large social media teams to optimise their posts and maximise traffic.  With revenues plummeting, many newspapers have slashed news bureaus and journalists, while still attempting to publish compelling content — much of it more interactive, more lifestyle-driven and more celebrity-conscious. We’re bringing back some of our favorite stories of the past year. "With newspapers entering bankruptcy even as their audience grows, the threat is not just to the companies that own them, but also the news itself," observed writer David Carr of The New York Times in a January 2009 column.  At the same time, newspapers have been pinched by consolidation of large department stores, which once accounted for substantial advertising sums.  But those consumers are now reading newspapers online for free, and although newspapers have been able to convert some of that viewership into ad dollars, it is a trickle compared to previous sources. Numbers, Facts and Trends Shaping Your World. (Subscriptions to the Journal's paid Web site were up 7% in 2008.) , "As succeeding generations grow up with the Web and lose the habit of reading print", noted Columbia Journalism Review in 2007, "it seems improbable that newspapers can survive with a cost structure at least 50% higher than their nimbler and cheaper Internet competitors. The stand-out figure is the one showing the steep decline in newspaper jobs, down from nearly 458,000 in 1990 to about 183,000 in March 2016, a fall of almost 60%. There is no more ominous indication that the America newspaper industry is dying than the recent announcement by the New York Daily News that it had just laid off half its staff. See more local news industry statistics. Mahwah Patch. The result, according to the Newspaper Association of America (as reported by the Pew Research Center), is that print ad revenues have fallen from $44.9 billion in 2003 to just $16.4 billion in 2014, while digital ad revenues—$3.5 The wealthier people are, the more likely they are to pick up their copy of The New York Times on their way to work in the In the early 1990s, 33 percent of 10th-graders said they read a newspaper almost every day. 3 thoughts on “National newspaper ABCs: Industry-wide circulation decline continues as Metro and Sun top the table” John Hartford says: December 9, 2018 at 2:58 pm , Observers point out that the reliability and accountability of newspapers is being replaced by a sea of anonymous bloggers, many with uncertain credentials and points of view. The findings, published today in a new WHO report, demonstrate how government-led action can protect communities from tobacco, save lives and prevent people suffering tobacco-related harm. However, in most cases, there is an attempt to find new revenue sources online that are less based on print sales. And unions say they feel momentum. To survive, newspapers are considering combining and other options, although the outcome of such partnerships has been criticized.  In the meantime, the transition from the printed page to whatever comes next will likely be fraught with challenges, both for the newspaper industry and for its consumers. advertising partnership, calling it a threat to newspaper industry revenues worldwide. The decline in reading print media was especially steep. With the growing trend of digital format overtaking print, marketers and publishers should consider embracing more visual and multimedia resources to add to written materials.  McClatchy subsequently announced large layoffs and executive pay cuts, as its shares fell into penny stock territory. But even as pixels replace print, and as newspapers undergo wrenching surgery, necessitating deep cutbacks, reallocation of remaining reporters, and the slashing of decades-old overhead, some observers remain optimistic. "Perhaps never in the history of newspaper publishing has a single, commercial entity threatened to exert this much control over the destiny of the press," said the Paris-based global newspaper organization of the proposed pact.. Even with these viewership losses, local TV news still garners more viewers on average than cable and network news programs. In June 1990, there were nearly 458,000 people employed in the newspaper publishing industry; by March 2016, that figure had fallen to about 183,000, a decline of almost 60 percent. During the period, Japan became one of the world's most rapidly aging societies. Pew Research Center does not take policy positions. Aux armes, citoyens! By John F. McManus Looking back upon the heyday of the newspaper industry, images of angry cigar-smoking editors, journalists with fedoras carrying "press" cards and sharpened pencils, and little Dickensian children on the street corner shouting "Read all about it!" Newspapers in Switzerland and the Netherlands, for instance, have lost half of their classified advertising to the Internet. 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Times Wrestle in New Jersey for Local Ads", "A Newspaper Chain Sees Its Future, And It's Online and Hyper-Local", "Newspaper Circulation Continues to Decline Rapidly", "Times to Stop Charging for Parts of Its Web Site", "Can I get a subscription to NYTimes.com only? Economy News -The slump in retail sales eased in October, although most segments still registered double-digit decline, according to data released by the Department of Statistics … The invention of the internet meant losses in revenue in print newspaper. About Pew Research Center Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. Total weekday circulation for U.S. daily newspapers fell to 35 million, while total Sunday circulation … The technology revolution has meant that readers accustomed to waiting for a daily newspaper can now receive up-to-the-minute updates from Web portals, bloggers and new services such as Twitter. "Why India's Newspaper Industry is Thriving". Even as some large newspapers for sale in the United States have been unable to find buyers, the market for smaller community newspapers, which have faced less online competition, has held up better. ", As the demand for news has exploded, so have consumers of the output of newspapers. By 2016, that number was only 2 percent. To complete the subscription process, please click the link in the email we just sent you. Tofel took a look at the 25 largest U.S. newspapers and found that their print circulation is continuing to drop at a rapid rate, contrary to predictions that the decline had begun to level off. "My expectation," wrote executive editor Bill Keller of The New York Times in January 2009, "is that for the foreseeable future our business will continue to be a mix of print and online journalism, with the growth online offsetting the (gradual, we hope) decline of print". "It's probably not going away. From 2013 onward, the year-over-year percentage change in advertising and circulation revenue for these companies is calculated and then applied to the previous year’s revenue totals as reported by the NMA/NAA. are evoked.  (The newspaper was estimated to have been worth roughly $1 billion as recently as 2004.  However, they later brought back paid services and now allow visitors only 10 free articles per month before requiring them to purchase a subscription. Newspaper revenues declined dramatically between 2008 and 2018. Although there was an increase in overall newspaper readership of approximately 7.7% The number of newspaper journalists has decreased from 43,000 in 1978 to 33,000 in 2015. and money spent on news gathering would be tax deductible. Newsroom employment at U.S. newspapers dropped by nearly half (47%) between 2008 and 2018, from about 71,000 workers to 38,000. , The examples and perspective in this introduction. Here there’s a little bit of good news: the average American reader spent 1.39 hours reading in 2003, rising to 1.48 hours in 2016. While Internet revenues are rising for the industry, the bulk of its Web revenues come from a few areas, with most revenue generated in the United States, western Europe and Asia–Pacific region. In the U.S., weekday print circulation has shrunk from a high of nearly 60 million in 1994 to 35 million for combined print and digital circulation today — 24 years of decline. Depending on location and circumstances, each specific newspaper will face varied threats and changes. Data and chart source: U.S. Bureau of Labor Statistics U.S.  Circulation for once promising online news sites such as Buzzfeed, Vice, and Vox declined in 2017 and 2018 as well. many struggle to maintain their previous levels of reporting amidst eroding profits. Where once the reader of a daily newspaper might consume reporting, for instance, by an established Cairo bureau chief for a major newspaper, today that same reader might be directed by a search engine to an anonymous blogger with cloudy allegiances, training or ability.  The decline of local news has also been linked to the increased "nationalization" of local elections. Readership of online newspapers continues to climb. According to the figures of Pakistan Bureau of Statistics (PBS), fruit exports stood at 645,304 tonnes fetching $382 million in 2016-17 as compared to …  Even open journalism projects like Wikipedia have contributed to the reordering of the media landscape, as readers are no longer restricted to established print organs for information. No one is surprised to learn that the newspaper industry is in structural decline. Large newspaper chains filing bankruptcy since December 2008 include the Tribune Company, the Journal Register Company, the Minneapolis Star Tribune, Philadelphia Newspapers LLC, Sun-Times Media Group and Freedom Communications. In recent years, newspapers' weekday circulation fell 7% and Sunday circulation fell 4%, both showing their greatest declines since 2010. While newspapers earnings have suffered, the value of newspaper franchises has suffered more. At most newspapers, Web advertising accounts for only 10–15% of revenues. For the first time, the World Health Organization projects that the number of males using tobacco is on the decline, indicating a powerful shift in the global tobacco epidemic. The latest round of circulation figures show newspapers have once again seen double digit declines in print across major mastheads, with publishers … , In 2016, for the third year in a row, the CareerCast survey of the best and worst jobs in the U.S. reports that a newspaper reporter is the worst career. , In September 2008, the World Association of Newspapers called for regulators to block a proposed Google–Yahoo! " Many newspapers also suffer from the broad trend toward "fragmentation" of all media — in which small numbers of large media outlets attempting to serve substantial portions of the population are replaced by an abundance of smaller and more specialized organizations, often aiming only to serve specific interest groups. From 2013 onward, the year-over-year percentage change in advertising and circulation revenue for these companies is calculated and then applied to the previous year’s revenue totals as reported by the NMA/NAA. 2019 marks the end of the Heisei era in Japan, which spanned 30 years. The 10th most popular and the 2nd most famous newspaper About YouGov At the heart of our company is a global online community, where millions of people and thousands of political, cultural and commercial organizations engage in a continuous conversation about their … Other traditional news media have also suffered. The Statistics Bureau and the Director-General for Policy Planning of Japan play the central role in the official statistical system in producing and disseminating basic official statistics,and coordinating statistical work under the "The number of newspapers and their circulation has declined the world over except in India and China," according to former CEO Olivier Fleurot of Financial Times. Times Select, the Times' initial pay service, lasted exactly two years before the company abandoned it. They decline to use print media as they pursue exceptional sources of information via varied sources rendering the newspaper and other print media unimportant. Ian Burrell @iburrell. Large newspapers are suffering more than small. With the shutdown of its newspaper, the Daily Guide, this town of 5,200 people in central Missouri’s Ozark hills joined more than 1,400 other cities and towns across the U.S. to lose a newspaper over the past 15 years, according Over that same period, circulation per capita declined from 35 percent in the mid-1940s to under 15 percent. aren't those people putting reporters on the street in any number.  And while circulation has dropped 2% annually for years, that decline has accelerated. , Ironically, these dilemmas facing the newspaper industry come as its product has never been more sought-after. " The 'newspaper' of the future, say Hirschorn and others, may resemble The Huffington Post more than anything flung at today's stoops and driveways. While their roots are in the 1600s, newspapers thrived in … That was partially offset by a record net inflow of more than 161,000 migrants but the overall pace of decline still hit a new high of minus 0.21 per cent. That increase for Standard could present a glimmer of hope for growth in the newspaper industry but that would depend on a number of factors, key among them content and access. MAHWAH, NJ — Bergen County has served as the epicenter of the state's coronavirus epidemic since the pandemic started, but according to a recent Patch report, other communities are now climbing up the case and fatality list. (+1) 202-419-4300 | Main ", "Chronicle of the Newspaper Death Foretold", "Letter from Washington: A Vibrant Democracy Requires Newspapers", "The Death and Life of Great American Newspapers", "Statistics of U.S. “[May] sharp decline sa number of cases. Some general-interest newspapers, even high-profile papers like The New York Times, were forced to experiment with their initial paid Internet subscription models. The dizzying decline of Britain’s local newspapers: do you want the bad news, or the good news? The audience size for local television news programming has decreased over the past decade in most time slots studied. That’s the very gradually rising blue line in the graph above.  In Tucson, Arizona, the state's oldest newspaper, the Tucson Citizen, said it would cease publishing on March 21, 2009, when parent Gannett Company failed to find a buyer.. “The dramatic decline in newspaper ad revenues since 2000 has to be one of the most significant and profound Schumpeterian gales of creative destruction in … , Some advocates have suggested that instead of investigative reports funded by newspapers, that non-profit foundations pick up the slack. So-called narrowcasting has splintered audiences into smaller and smaller slivers. ) The Sun-Times Media Group, publisher of the eponymous bankrupt newspaper, fielded a meager $5 million cash bid, plus assumption of debt, for assets last claimed worth $310 million. , Research linked closures of newspapers to declines in civic engagement of citizens, increases in government waste, and increases in political polarization. Newspaper Publishing in the UK industry outlook (2020-2025) poll Average industry growth 2015-2020: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. , Some observers have compared the dilemma to that faced by the music industry. According to data from the Bureau of Labor Statistics’ Occupational Employment Statistics, 37,900 people worked as reporters, editors, photographers, or film and video editors in the newspaper industry in 2018. Less competition from other local printers will also be a major determining factor. Both nytimes.com and washingtonpost.com, for instance, rank among the top 20 global news sites. ", Where once the ability to disseminate information was restricted to those with printing presses or broadcast mechanisms, the Internet has enabled thousands of individual commentators to communicate directly with others through blogs or instant message services. 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Fleets and overhead built over decades to fewer job prospects because of publications closing down and... [ 52 ], in the United Kingdom, newspaper circulation was at its highest advertising spending ( 10.8 )! Newspaper will face varied threats and changes for bankruptcy Thursday, the and... America ( when that 50 % divorce statistic took hold ) taxes newspapers income from advertising and Subscriptions newspapers. Average circulation plummet 28 % to 3,517 copies demand for news has also linked... Or the good news increased their reliance on print, not trying to rely a more... Of such partnerships has been since the 1980s in America, 19 are operating in the United States, operating!