Newspapers Suffer Biggest ad Revenue Plunge in More than 50 Years

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. Read more...

Posted by Editor at March 28, 2008 04:15 PM