plan to merge. In January Enders Analysis, a research firm, forecast that ad sales in the British press would fall by 8% this year. It now puts that figure at 30%. Circulation is expected to halve. British newspapers are particularly hard-hit because they rely more on news-stand sales than papers in continental Europe and America. Some 4,000 newspaper retailers have closed, including branches of W.H. Smith.
The crisis will only accelerate long-standing trends. Ad revenues have been falling for years and print readers have long been moving online . Even before the current crisis, operating profits at the Telegraph Media Group, publisher of theThe big worry is what happens when the lockdown ends. In 2009 print advertising fell by 25% before returning to normal levels of decline. This time, 40-50% of what is lost may never come back, reckons Alice Pickthall of Enders Analysis.
No doubt
Let the Murdoch’s, Barclays & Deskonds of the world go to the wall.
For quite a lot of UK newspapers: Maybe they could shift to the production of toilet paper. Nobody will notice the difference.
Let’s hope not .... 🤷🏽♀️🤦🏽♀️🙄
Let’s hope it doesn’t
Big worry How relevant and necessary are newspapers nowadays?
I hope not. Every cloud....
It will
We're fed up with the news media and 'journalists' being used for political publicity stunts and agendas.
I hear there's a big threat to the horse carriage industry as well. We call that threat progress.
Wonder why... People still want quality news. But media, including you, focuses on idealogical agendas... paying consumes no longer want to pay for this kind of transparent bias.
Start scribbeling the actual news, forget the hypes that only a few percent of your potential readers 'care' about.
With any luck it'll mean Murdoch has to sell Fox News.
Bye, Felicia.