The Pew Project for Excellence in Journalism (PEJ) has released its State of the Media report for 2011. Among the sections was a report on print media, which became more stable in 2010 than it had been in the past two years. Although no large profits have been made, losses were significantly less.
Circulation has been down for most large newspapers, with smaller dailies and weeklies faring better. The workforce has continued to decline, although more people were hired in 2010 than in recent years. Advertising revenue also went down, but to a much lesser degree than in the past few years. Stock market investors have more faith in the industry than in 2008, but some numbers have gone down since 2009. Overall, American newspapers aren't faring as well as newspapers on other continents, even though both Europe and Australia reported a decline.
The report in its entirety is available here.
Circulation has continued to decline, although The Wall Street Journal had a 1.82 percent increase from 2009. Metro daily newspapers were the hardest hit, with Newsday in the lead at -11.84 percent. Smaller dailies and community weeklies have remained steadier, managing to hold onto more of their circulation.
Daily and Sunday circulation are both down. The Sunday editions, however, have still fared better than their daily counterparts.