UK and US newspaper publishers suffer most, but newspapers aren’t dead yet, says OECD

Some bleak reading for the printed side of the newspaper business, but some more encouraging points to takeaway for online news from the Organisation for Economic Co-operation and Development’s (OECD) Future of News and the Internet report:

  • In all OECD countries about 5 per cent of internet visits are related to news reading online;
  • 2009 was the worst year for local and regional newspapers in OECD countries (listed at this link) – especially US, UK, Greece, Italy, Canada and Spain;
  • The UK and US newspaper publishing markets suffered the biggest declines between 2007 and 2009.

But concludes the report:

[L]arge country-by-country and title-by-title differences and the data currently do not lend themselves to make the case for “the death of the newspaper”, in particular if non-OECD countries and potential positive effects of the economic recovery are taken into account.

Full report at this link…

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