Monday, September 13, 2010

Newspapers Slow Declines in Ads

http://online.wsj.com/article/SB10001424052748703720004575477731838444818.html?mod=WSJ_business_whatsNews
Spending on newspaper ads across the U.S. declined 5.6% in the second quarter, an industry trade group said Tuesday, marking another quarter that the decrease has narrowed on a year-over-year basis.

Total print- and online-advertising expenditures fell to $6.44 billion from $6.82 billion in the second quarter of 2009, according to the Newspaper Association of America.

After dropping 29% in the second quarter of 2009, the rate of decline in ad spending slipped slightly to 27.9% in the third quarter of that year, and then to 23.7% in the fourth quarter. The decline then moderated considerably in the first quarter of 2010, to 9.7%.