Nieman Foundation at Harvard
HOME
          
LATEST STORY
Collaborate or die: A new initiative wants to make it easier for national and local outlets to work together
ABOUT                    SUBSCRIBE
Aug. 12, 2014, 11:01 a.m.
Business Models
LINK: www.phillymag.com  ➚   |   Posted by: Joshua Benton   |   August 12, 2014

We don’t spend a lot of time focusing on what happened to the American newspaper industry in the first decade-plus of this century — what’s past is past! — but this piece by Joel Mathis in Philadelphia magazine is a useful visual reminder. They obtained an internal document from the company that owns The Philadelphia Inquirer and Daily News detailing the decline in the papers’ financial state from 2000 to 2012. (One presumes the document comes from the financial data distributed to potential buyers of the papers in that last year.)

You can go there to see the plummeting totals and get some more context. But I think you’ll get the point with these two charts:

philadelphia-inquirer-daily-news-decline

philadelphia-inquirer-daily-news-profit

(One gloss on that first chart: You might see the difference between “Print Ads” and “Total Ads” and assume the difference is online advertising. That’s part of it, but the significantly larger part is preprint advertising — mostly the loose circulars that get packed in with the Sunday paper. Yeah, that’s all printed too, but it’s not included in the “Print Ads” segment above.)

Show tags Show comments / Leave a comment
 
Join the 15,000 who get the freshest future-of-journalism news in our daily email.
Collaborate or die: A new initiative wants to make it easier for national and local outlets to work together
“Where you find resistance to collaboration is where you’re finding news enterprises hastening their own demise.”
How NPR factchecked the first presidential debate in realtime, on top of a live transcript
More than 6 million users checked out the factcheck, sending record traffic (especially on mobile) to the site.
Hot Pod: Will the next wave of audio advertising make podcasts sound like (yuck) commercial radio?
Plus: Panoply expands to London, Midroll makes a bigger bet on live events, and Bloomberg finds audio success.