Canada: Newspaper industry in good health
Posted by Kelley Vendeland on April 8, 2008 at 8:24 AM
Canadian newspapers have been largely unharmed by the financial problems affecting many America newspapers, says the Canadian Newspaper Association (CNA).
Total 2007 revenues, including online operations, slipped only 0.8%, with print advertising decreasing 2.4%. In contrast, online revenue grew 29% over 2006. Newspaper circulation as well took a very minor fall in 2007, decreasing 1.2% after a 3.8% rise the previous year.
Like in the U.S., online revenue in Canada continues to increase, the difference being that in Canada, online is compensating for print losses. U.S. newspaper revenues were buoyed in a similar fashion in the past, but as the latest Newspaper Association of America (NAA) report reflects, this is no longer the case.
Source: Follow the Media through MediaGuardian
Total 2007 revenues, including online operations, slipped only 0.8%, with print advertising decreasing 2.4%. In contrast, online revenue grew 29% over 2006. Newspaper circulation as well took a very minor fall in 2007, decreasing 1.2% after a 3.8% rise the previous year.
Like in the U.S., online revenue in Canada continues to increase, the difference being that in Canada, online is compensating for print losses. U.S. newspaper revenues were buoyed in a similar fashion in the past, but as the latest Newspaper Association of America (NAA) report reflects, this is no longer the case.
Source: Follow the Media through MediaGuardian
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