Total annual news revenue in the United States in 2013 was
$63.2 billion, led by daily newspapers, which earned $38.6 billion, according
to the Pew Research Center’s “State of the News Media 2014.” Despite their
significant market share, newspapers continue to downsize their operations as
their once vast empires continue to shrink, due mostly to a steep decline in
print advertising revenue.
After newspapers, the media earning the next largest shares
of adspend are local TV news with $8.9 billion, cable news with $5.2 billion,
weekly newspapers with $3.6 billion and network TV news with $2.1 billion.
World Newsmedia Network has
published Global Digital Media Trendbook each year since 2006. The 2014
trendbook contains 500 data sets and 230 pages of analysis about digital media
usage and revenue patterns, including this data set. To download the GDMT free
executive summary, go to www.wnmn.org
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