Daido Holding Group - Newspaper Revenue Drops.
Daido Holding Group: Publishers are turning to new revenue streams as revenues drop to their lowest point in six years.
OHIO (I-Newswire) May 9, 2013 - Daido Holding Group have reportedly revealed in a recent meeting that publishers are turning to new revenue streams as revenues drop to their lowest point in six years.
The total revenue for the newspaper industry in the United States declined by 2 percent from $39.6 billion in 2001 to $38.65 billion in 2012, according to data allegedly reviewed by Daido Holding Group. Circulation revenues saw a five percent gain thanks to online subscriptions, coming in at $10.4 billion, the first gain in circulation revenues in 9 years.
The data includes new revenue streams that did not exist for the industry just ten years ago. Aside from online subscriptions, as much as $6 billion in revenue during last year came from hosting events, e-commerce, niche publications and services similar to those provided by advertising agencies.
Daido Holding Group are understood to have commented that the estimates are a result of data submitted by 18 newspaper publishers in the United States, representing about half of the industry by revenue that provided in depth breakdowns of their revenue streams on the condition of anonymity. While the situation for newsprint is still far from ideal, the new revenue streams coming online do provide some positivity.
Discounting the new revenue streams, last year's revenue dropped by 3 percent, to $32.65 billion, which is the smallest decline in six years. Revenues in 2011, discounting the new sources, were down 5 percent to $33.8 billion. Peak revenues were achieved in 2005, with $60.2 billion.
Daido Holding Group are believed to have indicated that the big positive to be taken from the report is the increase in circulation revenues. There are now over 400 news publications in the United States that charge for online subscriptions.
About Bisiness Group
1827 Derek Drive, East Liverpool
Phone : 330-385-3707
Published On:May 9, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
TDI Presents Tata's Manza - the Gold Car Partner of the India Fashion Week
New PAMM Manager - Estimated Returns of 15% Monthly!
Safetech Hardware Launches a New and Designer Style for Gate Latches
Knoxville, TN Workshop Addresses Why Salespeople Fail and What To Do About It
Goldaffiliation.com Announces Italian Affiliate Programs That Are Smart And Professional