Newspaper ad sales down 29% in Q2 09
Posted on September 12, 2009 by Mediabids
Full Story from Marketing Charts here
"For the second quarter of 2009, total newspaper ad sales fell 29% to $6.8 billion, down from $9.6 billion last year, according to Q2 figures released by the Newspaper Association of America.
As evidence of the continued toll the recession is taking on the industry, online ad sales were significantly affected again this quarter, slipping 16% to $653 million. Online newspaper advertising declined 1.8% in all of 2008, but tumbled more than 13% in Q109.
Print Takes Hardest Hit
Total print advertising totaled $6.2 billion, a decline of 30% over the same period last year. Within the print category, national ads fell nearly 30%, while retail ads fell nearly 25%.
Classifieds ads took the biggest hit within the print category, falling a total of 40%. Job recruitment classifed ads declined 66%, the worst slide of any classified category. Automotive classifieds fell 43%, while real estate classifieds fell 46% for the quarter, the NAA said.
Newspaper ad losses have grown worse in each of the last 12 quarters, experiencing the worst declines in newspaper history, reports Media Buyer Planner.
For the first half, ad revenue fell 29%, to $13.4 billion. Ad revenue fell 28% in the first quarter.
The numbers, give perspective to what John Sturm, chief executive of the association, calls “a terrible stretch of bad road,” writes Mediaweek."
Tagged association classifieds of america newspaper ad print advertising sales decline q2 2009
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