Companies

Jun 17, 2014

Print media crunched as News and Fairfax revenues crumble

The latest advertising revenue data shows newspaper revenue is collapsing, while Ten and pay-TV are also struggling, Glenn Dyer and Bernard Keane write.

Bernard Keane — Politics editor

Bernard Keane

Politics editor

The latest advertising revenue data from the Standard Media Index puts Malcolm Turnbull’s efforts at media “reform” in a somewhat different context to the one you’ll see in newspaper coverage: the newspaper industry is in a full-fledged crisis.

The SMI measures around 85% to 90% of all revenues booked through major media agencies, though it doesn’t measure direct ads sales by the networks and media companies. The index showed a fall in total spending of 2.8% in May, but of particular interest were slumps recorded by the Index across all but one of the print operations owned by News, Fairfax and Seven West Media, further confirms the collapsing revenue base for the print sector.

Free Trial

Proudly annoying those in power since 2000.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions

4 comments

Leave a comment

4 thoughts on “Print media crunched as News and Fairfax revenues crumble

  1. Bill Hilliger

    Bad statistics for news corpse is good news for democracy.

  2. Kevin Herbert

    Bill Hilliger: nice one….I don’t have to comment now,

  3. klewso

    Amerkin free-marketeer Murdoch told us “The bludger should not be our (i.e. your/Australia’s) national icon” – so he props up his The Oz with wads of shareholder money?

  4. Bill Hilliger

    Klewso …and, I think, about 700 million in taxation breaks ..funding. (recent article in Crikey)

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...