Study: Newspaper circulation revenue surpasses advertising

Jun 30, 2021, 4:50 PM | Updated: Jul 1, 2021, 3:55 am

NEW YORK (AP) — For the first time in 2020, the newspaper industry earned more money from circulation than advertising.

Yet like many of the other benchmarks noted this week by the Pew Research Center in the first of a series of reports on the state of the news media, that’s not necessarily good news.

Circulation revenue, from people buying digital or print subscriptions, reached $11.1 billion in 2020, Pew said. The newspaper industry reported $8.8 billion in ad revenue last year.

In 2006, in the early stages of the internet eating away at the industry, newspapers reported $49.3 billion in advertising revenue. Circulation revenue in 2006 was much the same as it was last year.

Pew’s estimate of weekday newspaper circulation, which is complicated by the move to digital and some different reporting sources, was 24.3 million last year. Twenty years ago, it was 57.8 million.

Newspaper newsroom employment stood at 74,410 in 2006, the last year that figure grew over the previous year. In 2020, there were 30,820 people in newsrooms.

The median wage for editors last year was $50,010, or $2,104 less than it was in 2012, Pew said.

Where’s the growth? Earlier this year, Edison Research and Triton Digital estimate 41% of Americans aged 12 and up had listened to a podcast in the past month, up from 9% in 2008.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

Tesla robot walks, waves, but doesn’t show off complex tasks

DETROIT (AP) — An early prototype of Tesla Inc.’s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company’s artificial intelligence event Friday. But the basic tasks by the robot with exposed wires and electronics — as well as a later, next generation version […]
21 hours ago
Associated Press

Governor debate: Noem for abortion ban, Smith wants changes

SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem said Friday during her reelection campaign’s lone debate with her Democratic challenger, state lawmaker Jamie Smith, that if reelected she will uphold the state’s abortion ban that provides no exceptions for rape or incest. The Republican governor explained her position simply as “pro-life,” while pledging […]
21 hours ago
FILE - Abortion-rights protesters attend a rally following the United States Supreme Court's decisi...
Associated Press

Abortion ruling intensifies fight over state supreme courts

Surrounded by states with abortion bans that took effect after Roe v. Wade fell, Illinois is one of the few places where the procedure remains legal in the Midwest. Abortion-rights supporters are worried that might not last. Their concern is shared in at least a half-dozen states, and this year it’s not just about state […]
21 hours ago
FILE - The JPMorgan Chase & Co. logo is displayed at their headquarters in New York on Oct. 21, 201...
Associated Press

Safety deposit boxes headed toward extinction at Chase

NEW YORK (AP) — You’ll no longer be able to store your precious coins, jewelry and paperwork at JPMorgan Chase & Co., as the bank has stopped opening new safety deposit boxes for customers. A spokesman for the bank said Chase decided late last year to stop offering new deposit boxes to customers as a […]
21 hours ago
Associated Press

US judge dismisses Mexico lawsuit against gun manufacturers

MEXICO CITY (AP) — A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their commercial practices has led to bloodshed in Mexico. Judge F. Dennis Saylor in Boston ruled Mexico’s claims did not overcome the broad protection provided to gun manufacturers by the Protection of […]
21 hours ago
FILE - Celina Washburn protests outside the Arizona Capitol to voice her dissent with an abortion r...
Associated Press

Arizona judge won’t suspend ruling that halted all abortions

PHOENIX (AP) — An Arizona judge on Friday declined to put her order that allowed enforcement of a pre-statehood law making it a crime to provide an abortion on hold, saying abortion right groups that asked her to block the order are not likely to prevail on appeal. The ruling from Pima County Superior Court […]
21 hours ago

Sponsored Articles

...
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
...
Sanderson Ford

Don’t let rising fuel prices stop you from traveling Arizona this summer

There's no better time to get out on the open road and see what the beautiful state of Arizona has to offer. But if the cost of gas is putting a cloud over your summer vacation plans, let Sanderson Ford help with their wide-range selection of electric vehicles.
Study: Newspaper circulation revenue surpasses advertising