Grim times for US newspapers

By Daily Maverick Legacy 27 October 2009

Average circulation for 379 daily newspapers was down 10.62% for the period  April-September this year compared to the same period in 2008. The total circulation was 30.39 million, down from 34 million according to the Audit Bureau of Circulations in the US. In a further blow, average circulation for 562 Sunday newspapers was down 7.49%. There are not many positive conclusions one can draw from these numbers. Industry experts predict a much worse future is not far away, when the majority of the surviving newspapers will reach tipping point with nothing but bankruptcies, closures and cutbacks in newsrooms across the US ahead of them. Among the winners, if there are any, is The Wall Street Journal, but on the losing side the leader is The San Francisco Chronicle, which lost more than 25% of its circulation (down to 251,782 copies) and is faced with the distinct possibility of closure, as the owners, Hearst Publishers, have already expressed their annoyance with the money-losing West Coast mainstay newspaper. Grim times, indeed.Read more: AFP, The New York Times

Gallery

Support DAILY MAVERICK & get FREE UBER vouchers every month

An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.

Every Daily Maverick article and every Scorpio exposé is proof of our dedication to this unshakeable mission. Investing in our news media is by far the most effective investment into South Africa's future.

You can support Independent and Investigative journalism by joining Maverick Insider. If you contribute R150 or more per month you will receive R100 back in UBER vouchers. EVERY MONTH until October 2019.

So, if you'd like to help and do something meaningful for yourself and your country, then sign up to become a Maverick Insider. Together we can Defend Truth.


Days of Zondo

Agrizzi: Inside Bosasa’s corruption production line

By Ferial Haffajee

Donald Trump is the first American president not to own a dog since William McKinley in 1901.