Avertising Revenue Slumps for UK Newspapers

New figures out in the UK paint a grim picture for the newspaper sector with press ad spending down 19 percent in 2008. Press ad spending in 2007 saw a slight increase of 4.3 percent. The radio and television sectors also saw falls last year but at least the percentage decreases weren’t in double digits. Despite the economic recession, ad spending on the internet continued to rise.

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