Not a discarded newspaper in sight . . . . |
There are different
ways to measure the decline of newspapers today.
One way to chart it
is overall profit. In the first quarter of 2015 the top ten newspapers in the
U.S. made about $21 million. Compare that to 2005, when one newspaper company, Gannett, alone
earned $1.8 billion in net income.
Another measurement
is print ad revenue. It dropped (again) in 2014 to $16.4 billion, 4% down from
2013.
The number of readers
is also an important indicator. Weekday and Sunday circulation both fell in
2014.
The number of
reporters? Down 3% in 2013, although that’s a bit of a win since it fell 6% the
previous year.
Single-copy newspaper
sales, which once made up 15-25% of sales, are dropping in double digits per
year.
(All figures are from
the U.S., although I have no reason to suspect things are different in Canada.)
These are all valid
and important ways to monitor what’s happening to newspapers in North America
today. But I have another way of measuring the disappearing world of print
newspapers.
I call it the
Discarded Newspaper in Airport Metric (DNAM).
I have been observing
this metric since 1981, when I first started travelling for business.
During that time, I
have been through a lot of airports. As a news junkie, I like to read local
newspapers.
Lucky for me, other
people liked to read newspapers, too. When done, they discarded them on seats
in waiting areas, where I found them.
When I finished, I left them behind for others, a pay-it-forward kind of thing.
For many years, it worked well. It was easy to find lots of
discarded newspapers in airports.
Lately, however, things have changed. Discarded newspapers are
harder to find. On my last trip through two major Canadian airports, I found
only one.
Why is that? One
reason is that fewer people read newspapers.
The other is if they
do read them, they tend to do so on smartphones and tablets.
The result? Fewer discarded newspapers in airports.
Or, as New York Times Deputy Tech Editor Quentin Hardy
put it: "Dammit, I used to go through an airport and read discarded
newspapers. Now I have to look for smartphones and tablets.”
And that digital revolution is, of course, one of the main reasons
behind those falling profits, falling circulation, falling ad revenue, and
falling jobs.
On future trips maybe I’ll have to break down and actually buy a
newspaper, then leave it for other travellers.
Either that, or be
like everybody else and read them on my phone.
Figures from Nieman Labs State
of the News Media 2015.
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