PR Web :: The Global Newspaper Publishing industry is forecast to generate revenue of $170.5 billion in 2012, down 1.4% compared with 2011. The main type of printed newspaper is the paid-for daily newspaper, and there are about 12,500 of these newspapers published around the world. Every day, more than 500 million people around the world buy a newspaper, and about two billion people read a paid-for newspaper. Newspapers account for about 21.0% of the global advertising market.
The Global Newspaper Publishing industry has been backsliding over the past five years. Weak economies lead to low circulation numbers, which thus lead to a decrease in advertising expenditure. Despite maintaining some popularity, the industry has experienced consistent declines since 2007. However, the industry will eek out marginal improvements through 2017 on the back of improving and developing economies. For these reasons, industry research firm IBISWorld has added a report on the Global Newspaper Publishing industry to its growing industry report collection.
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