Newspapers in the Digital Age

“Daily newspaper revenue, adjusted for inflation, has fallen approximately 80% since it peaked at $89 billion in 2000. Several factors have led to the contraction of the newspaper industry, with the exception of large, national newspapers. Technological developments enabling citizens to access news without a subscription from websites and mobile apps have increased competition for readers. Revenue gains from online newspaper subscriptions have not replaced revenues lost as subscriptions to print newspapers decline. In addition, a large share of advertising that formerly appeared in newspapers has shifted to online platforms. Likewise, for local and regional newspapers, revenues from online editions of newspapers have not replaced revenues lost from print editions.”
Source: Stop the Presses? Newspapers in the Digital Age