Monday, June 10, 2013

China Becomes World's Largest Newspaper Market

Since 2008 circulation in America has fallen by 15% to 41 million while advertising revenue has plummeted by 42%, accounting for three-quarters of the global decline in advertising revenue in the same period. In Europe, circulation and advertising revenue have both fallen by a quarter. …
Looking further east, though, things look brighter. Circulation in Asia has risen by 10%, offsetting much of the decline elsewhere. With 114.5m daily newspapers, China has surpassed India to become the world’s biggest newspaper market.