Thursday, July 5, 2012

Grim Forecasts for Newspapers


The long-term decline in newspaper advertising revenues will continue unabated in coming years, according to...PricewaterhouseCoopers, ZenithOptimedia, and Magna Global.  PwC sees print advertising revenues for North American newspapers falling at a compound annual rate of 4.2... ZenithOptimedia’s global forecast is similarly pessimistic, with total newspaper revenues worldwide set to drop from $96.1 billion in 2011 to $92.8 billion in 2014... Magna Global also sees more declines ahead, with total newspaper revenues in North America set to fall 6.6% this year, while global newspaper ad revenues drop 1% to $85.5 billion.