The Future of Print

Newsquest classified ad revenue falls 45% year on year

Posted in Doom by futureofprint on April 16, 2009

The regional newspaper publisher Newsquest’s revenue from property ads plunged by 60% year on year in the first three months of 2009.

Figures published today by Newsquest’s US parent company, Gannett, revealed that total UK classified advertising revenue fell 45.1% between January and the end of March.

Newsquest, which publishes 17 UK daily paid-for titles including the Brighton Argus, the Northern Echo and Scottish newspaper the Herald, reported a 60.0% year-on-year slump in revenue from property ads, a fall of 51.4% from employment ads, and a slide of 43.2% from car ads.

Total advertising revenue at Newsquest, which also publishes 200 weekly newspapers, magazines and trade publications, slumped 38.7% year on year in the first three months of 2009.

via Newsquest classified ad revenue falls 45% year on year | Media | guardian.co.uk.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: