The U.S. newspaper industry has lost more than $40 billion in ad revenue in the past decade — over half of that in the last four years alone — and Google’s ad revenues are now more than twice what the industry pulls in.
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Robin Good
April 17, 2013 1:05 PM
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Guillaume Decugis's comment,
April 22, 2013 11:33 AM
@Jalp: good point and an essential reason that drove this change. Not just attention but lowering the barrier to entry. Thanks!
Kitty A. Smith's comment,
May 6, 2013 2:37 PM
People are always looking to place fault. Things change when something better comes along. Just because newspapers were first doesn't mean they are best. Tobacco knows time is limited, that would explain why they bought Kraft Foods!
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From the original article by Mathew Ingram on Paidcontent.org: "...ad revenue falling off a cliff about a decade ago, hitting a brief plateau in the mid-2000s and then free-falling over the next several years.
...The speed with which billions of dollars in advertising revenue simply evaporated over the past decade is incredible.
...Of course, all of that advertising revenue didn’t simply disappear overnight. So where did it go if it wasn’t going to newspapers? It went online, naturally — and the second chart shows the biggest beneficiary of that exodus: namely, Google."
Intruiguing hypothesis and data correlation. Must read. 8/10
*lots of interesting comments too
Ful article: http://paidcontent.org/2013/04/11/two-charts-that-tell-you-everything-you-need-to-know-about-the-future-of-newspapers/