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"05 - The Worst Year For Newspapers


DudeAsInCool

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'05 Proving To Be Worst Newspaper Year Since Recession

IT'S OFFICIAL: 2005 WILL BE the newspaper industry's worst year since the last ad industry recession. And things aren't looking much better for next year either, according to a top Wall Street firm's report on newspaper publishing. "Sadly, 2005 is shaping up as the industry's worst year from a revenue growth perspective since the recession impacted 2001-2002 period," says the report from Goldman Sachs, adding a warning that meaningful growth in 2006 is "very unlikely."

http://publications.mediapost.com/index.cf...e&art_aid=35690

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The net is changing the world as we all know. We are the generation that has experienced the biggest changes and are surpirised to see some things which are normal. Newspaper sales dropping is one of those things.

I used to buy the daily paper to find out what's up in the world. Now I just buy it to read some articles/opinions. If I don't see anything interesting while looking through it in the newstand, I don't buy it anymore. I used to get 2-3 papers a day since I was really young.

This drop explains all the cds/dvds/magazines papers give out for free.

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  • 4 weeks later...

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