Re:Ask HN: Who is firing?
by dredmorbius on Wednesday November 02, 2016 @06:00PM
(#12859760)
I'd love to see your sources on that, because everything I've seen says otherwise.
From 2013, but I'm not finding anything more recent:
http://www.theatlantic.com/business/archive/2013/03/this-is-...
"In 2012, newspapers lost $16 in print ads for every $1 earned in digital ads." A trend that's getting worse -- it had been 10:1 in 2011, according to Pew Research.
Similarly, also 2013:
http://www.stateofthemedia.org/2013/newspapers-stabilizing-b...
And 2014: http://www.slate.com/blogs/moneybox/2014/04/28/decline_of_ne...
The latter shows a plot of ads revenues from 1950 forward, showing it falling of a cliff in 2005. Online hasn't made a whit of a difference.
They're not doing well but I wouldn't use the term abysmal. Print media is still declining but a lot of publishers are offsetting much of that loss with online revenue.