Like the sun, newspaper circulation rises in the East and
falls in the West.
Since 2008 circulation in America has fallen by 15% to 41m
while advertising revenue has plummeted by 42%, accounting for three-quarters
of the global decline in advertising revenue in the same period.
And revenues from digital sources such as websites, apps and
so on have not made up the shortfall.
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.
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