Newspaper’s print advertising revenues decline continues

The erosion in print ad sales kicked off at the beginning of 2016 and did not let up. In the fourth quarter alone, print sales dropped 20 per cent at the New York Times and at McClatchy, operator of 29 US daily papers. Gannett, owner of USA Today, reported a 15 per cent fall in the US and a 14 per cent decline at Newsquest, its UK chain. News Corp said the fall in print dragged total ad revenue down 29 per cent at News UK (publisher of The Sun and The Times), 20 per cent at Wall Street Journal publisher Dow Jones and 12 per cent at its Australian papers. The Financial Times and Tronc, the owner of the Los Angeles Times and Chicago Tribune, have also been hit.

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Can Axel Springer do the ‘impossible’?

“The soul and spirit of the company Axel Springer is journalism. We serve our readers with independent and critical information and advice as well as good entertainment. Through our media offerings we are making a contribution to the strengthening of freedom and democracy. “

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Facebook strikes deal with media groups

Nine media organisations, including the BBC, through its youth-oriented Newsbeat service, the Guardian and the New York Times, have struck a deal with Facebook to publish some of their content directly through the social network rather than simply hosting it on their own sites as part of a trial.

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