Newspapers in Survival Mode

Posted on June 30, 2008
Filed Under Uncategorized |

You know it’s bad when your trade organization just gives up trying to put positive spin the numbers.

In fact, the industry group that compiles and releases ad revenue figures, the Newspaper Association of America, this month stopped putting out quarterly press releases with the numbers, though it quietly updated them on its Web site.

NAA spokeswoman Sheila Owens said in an e-mailed statement that the organization will now put out press releases only with full-year data “to keep the market focused on the longer-term industry transition from print to a multiplatform medium.”

[From Washington Times - In 'survival mode,' newspapers slashing jobs]

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Read more on Newspapers at Wikinvest

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