Print Deathwatch: Magazines, Newspapers

Its farewell to magazines that quit print under pressure from recession and digital media. Some brands continue online, but many do not.
deadmags1

eMarketer Sounds Death Knell for Newspapers
US newspaper ad revenues are expected to drop 42.5% in the next seven years, signaling a death spiral for the medium as readership moves online and to more real-time, interactive venues, according to a report from eMarketer. In its report, “Newspapers in Crisis: Migrating Online,” the research firm estimates that newspaper advertising revenues dropped 16.4% to $37.9 billion in 2008 and expects that by 2012, those revenues will tumble to $28.4 billion – slightly more than one-half the industry’s revenue peak of $49.4 billion in 2005.

national_newspapers_montage

Reblog this post [with Zemanta]