Newspaper Markets Across The World
The challenges facing the industry are not limited to the United States, or even English-speaking markets. Newspapers in Switzerland and the Netherlands, for instance, have lost half of their classified advertising to the internet. At its annual convention slated for May, 2009, in Barcelona, Spain, the World Association of Newspapers has titled the convention's subject "Newspapers Focus on Print & Advertising Revenues in Difficult Times."
In September 2008, the World Association of Newspapers called for regulators to block a proposed Google–Yahoo advertising partnership, calling it a threat to newspaper industry revenues worldwide. The WAN painted a stark picture of the threat posed to newspapers by the search engine giants. "Perhaps never in the history of newspaper publishing has a single, commercial entity threatened to exert this much control over the destiny of the press," said the Paris-based global newspaper organization of the proposed pact.
But there are bright spots in the world market for newspapers. At its 2008 convention, held in Gothenburg, Sweden, the World Association of Newspapers released figures showing newspaper circulations and advertising had actually climbed in the previous year. Newspaper sales were up nearly 2.6% the previous year, and up 9.4% over the past five years. Free daily newspapers, noted the WAN, accounted for nearly 7% of all global newspaper circulation – and a whopping 23% of European newspaper circulation. Of the world's 100 best–selling daily newspapers, 74 are published in Asia – with China, Japan and India accounting for 62 of those.
Sales of newspapers rose in Latin America, Asia and the Middle East, but fell in other regions of the world, including Western Europe, where the proliferation of free dailies helped bolster overall circulation figures. While internet revenues are rising for the industry, the bulk of its web revenues come from a few areas, with most revenue generated in the United States, western Europe and Asia–Pacific region.
Read more about this topic: Future Of Newspapers
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