Newspaper revenues continue to slide

Follow The Media reports disappointing figures for newspapers in both their print and online divisions. Online growth has "slowed to negligible" while losses in advertising revenue on the print side continue to grow. The article notes that "for every dollar drop of advertising revenue by print it only gains back about 14 cents via the web."
Online revenues grew annually by at least 20-30% in past years and would account for, in some cases, as much as 50% of a company's total revenue.

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