3 ms·
> Newspapers historically made most of their money from the classifieds when most people are using Facebook and Craigslist and the like. Really? I didnt know t
by AlwaysRock 5y ago
> Newspapers historically made most of their money from the classifieds when most people are using Facebook and Craigslist and the like.
Really? I didnt know that. I assumed ad sales were how newspapers made money.
- scarface74 5y agohttps://www.minnpost.com/business/2014/02/how-craigslist-killed-newspapers-golden-goose/ https://www.minnpost.com/business/2014/02/how-craigslist-kil... I was off when I said “most” > Newspaper classified advertising peaked in 2000 at $19.6 billion. In 2012, the most recent year for which data are available from the Newspaper Association of America, classified advertising was $4.6 billion — a drop of about 77 percent in barely more than a decade. > In 2000, classified ads accounted for about 40 percent of newspaper industry ad revenue. In 2012, classifieds made up about 18 percent of the ad revenue in an industry that was barely half the size it had been a decade earlier.