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US Newspaper Print Ad Sales Fall 9.4%, Most on Record

Below is a news report from Bloomberg, based on this NAA release:
ONLINE NEWSPAPER ADVERTISING JUMPS 19 PERCENT IN 2007

… and these data tables:

March 28 (Bloomberg) — U.S. newspapers suffered their worst drop in print advertising sales since industry record- keeping began 57 years ago, hammered by the housing-market slump and competition from the Internet.

Revenue plunged 9.4 percent to $42.2 billion, from $46.6 billion in 2006, the Newspaper Association of America said today at its Web site. A 19 percent rise in Internet ads to $3.17 billion cushioned the decline.

From: http://www.bloomberg.com/

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