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Wednesday, August 22, 2018

Forecast: Newspaper Revenue To Decline 2.6 Percent Annually

According to a new report from the Freedonia Group called "Newspaper Publishing: United States," more bad news is ahead for newspapers, at least for a little while.

According to MediaPost, the study, which took into account revenue across print-only and print+digital outlets, forecasts that newspaper revenue will decline by 2.6% annually through 2022.

The rate of decline, however, shows signs of improvement going forward, with projected annual losses lessening from the annual rate recorded during the preceding decade.

This improvement is credited to a stabilization following efforts by digital media to find substitutions for lost advertising revenue and a disrupted industry.

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