Print ad revenues declined 9.5%

According to the Newspaper Association of America, total print ad revenues declined 9.5% in the first quarter to $4.75 billion, marking the 19th consecutive quarter of declines for newspaper print ad revenues. That compares to an overall 4.4% increase in ad spending across all media, according to Kantar Media, to $32.5 billion — the fifth consecutive quarter to see a year-over-year increase on this broad-based measure.

via MediaPost Publications Gannett: Cuts 700 Positions, CEO, COO Pay Doubled 06/22/2011.

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