NEW YORK (AP) — For the first time in 2020, the newspaper field attained much more revenue from circulation than advertising.
Yet like many of the other benchmarks observed this week by the Pew Investigation Centre in the to start with of a series of studies on the condition of the news media, which is not necessarily fantastic information.
Circulation revenue, from folks buying digital or print subscriptions, reached $11.1 billion in 2020, Pew mentioned. The newspaper business documented $8.8 billion in ad revenue past year.
In 2006, in the early stages of the world-wide-web consuming absent at the marketplace, newspapers claimed $49.3 billion in advertising income. Circulation earnings in 2006 was a lot the same as it was past year.
Pew’s estimate of weekday newspaper circulation, which is challenging by the move to digital and some different reporting resources, was 24.3 million past year. 20 yrs in the past, it was 57.8 million.
Newspaper newsroom employment stood at 74,410 in 2006, the final 12 months that determine grew about the previous yr. In 2020, there had been 30,820 men and women in newsrooms.
The median wage for editors last 12 months was $50,010, or $2,104 fewer than it was in 2012, Pew stated.
Where’s the advancement? Earlier this year, Edison Study and Triton Electronic estimate 41% of Us citizens aged 12 and up had listened to a podcast in the earlier thirty day period, up from 9% in 2008.