The death of the newspaper?

ALJAZEERA:  THE US NEWSPAPER INDUSTRY:

  • The internet surpassed newspapers as the main news source in 2010
  • Print ads account for 86% of the newspaper industry’s revenue
  • Daily newspapers still have about 45 million paying customers in the US
  • Vocus report: 152 newspapers stopped operating in 2011
  • State of the Media report: 151 newspapers stopped operating in 2010
  • Thousands of journalists have been laid-off as newspapers close around the US
  • Print advertising revenue fell by $2.1bn in 2011
  • Half of all smartphone owners say they use their devices for news
  • The newspaper industry is worth about $34bn yearly – down from $59bn in 2000
  • Stock prices for newspapers fell by about 25% in 2011
  • Digital circulation now accounts for 14% of newspaper circulation
  • Weekday digital circulation has grown by nearly 62%
  • Total online ad spending grew 23% in 2011, to $32bn
  • Digital ads now make up at least 20% of total US advertising

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