Newspaper industry in Australia now
The official ABC Newspaper circulation has just been released. Sales of metropolitan newspapers in Australia recorded a 1.1 decline. National newspapers fell, the Australian fell 4.2% and The Australian Financial Review dropped 9.7%.
Overall what they show is that Australian newspaper circulation figures are only slightly dropping as you can see from the chart.
Despite what many are saying for most newsagent, it is still a good product.
What is a deep concern is the newspaper companies' revenue are down this year by 9.2% mostly because of fall in advertising. If this advertising drop continues, then newspapers will need to increase the cover price.