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Very true. As I've been studying this topic lately I can even provide you some hard data. A financially stable newspaper gets around 75-80% of its gross revenu
by nanairo 16y ago
Very true. As I've been studying this topic lately I can even provide you some hard data.
A financially stable newspaper gets around 75-80% of its gross revenue from advertisements. That's why advertisers have so much power over content, even news content. I don't know the exact figure for magazines, and it could very well be lower, but this should give you an idea.
In fact if you check the literature you'll see that a common idea is that newspapers are in the business of selling customers to advertisers, and they will try to attract a certain type of reader in order to get certain type of advertisers.
- fortes 16y ago> A financially stable newspaper gets around 75-80% of its gross revenue from advertisements. In the glory days, a solid 30-40% of revenue was from classified ads, which were _way_ overpriced, but the only game in town. You may find this of interest: http://newsosaur.blogspot.com/2010/09/newspaper-ad-sales-head-to-25-year-low.html http://newsosaur.blogspot.com/2010/09/newspaper-ad-sales-hea...