Commentary

A Case For Print Over Hamburgers


Despite the global financial crisis, newspaper circulation grew 1.3% world-wide in 2008, according to a presentation by Gavin O'Reilly, President of the World Association of Newspapers and CEO of Independent News and Media, contradicting reports predicting the imminent death of newspapers, "...the printed audience, as a global industry, continues to grow."

This growth, according to O'Reilly, is taking place in the developing markets of the world and masks a continued downward trend in the developed markets. "...this doom and gloom... continues, with commentators... joining the chorus that the future is online, online, online, almost to the exclusion of everything else... (which) oversimplifies a rather complex issue."

According to the material presented at the World Association of Newspapers Power of Print Conference in Barcelona, Spain, 1.9 billion people read a paid daily newspaper every day. Newspapers reach 41% more adults than the world wide web. More adults read a newspaper every day than people eat a Big Mac every year.

O'Reilly continues, "... newspapers... achieve a global average reach of over one third of the world's population, (with)massive revenues."

The data shows:

  • Global newspaper circulation increased +1.3% in 2008, to almost 540 million daily sales, and was up +8.8% over five years. When free dailies are added, circulation rose +1.62% in 2008 and +13% over five years.  Europe is the hotbed for free newspaper development: 23% of daily newspapers in Europe were free in 2008.
  • Newspaper circulation increased +6.9% in Africa last year, +1.8% in South America, and +2.9% in Asia. It decreased -3.7% in North America, -2.5% in Australia and Oceania, and -1.8% in Europe. In many mature markets where circulation is declining, newspaper reach remains high --  many European countries continue to reach over 70% of the adult population with paid newspapers alone. In Japan, it's 91%. In North America, it's 62%.
  • Circulation gains are not only occurring in the emerging markets of China and India; 38% of countries reported gains in 2008, and 58% saw circulation increase over five years.
  • Though newspaper advertising revenues were down -5% in 2008, print media still takes 37% of world advertising revenues.
  • While the digital explosion has a global impact, it is not a uniform impact. The United States and the United Kingdom are most affected; the UK accounts for 38% of digital revenues in all of Europe. And compared to all of Europe, the United States has 62% of the total market.
  • In the United States, combined print and online newspaper audience grew 8%. 52% of online newspaper readers spend the same amount of time as they did previously with newspaper content, 35% say they spend more time overall with newspaper content, and 81% of online newspaper readers say they've read a printed newspaper in the same week.

Although falling newspaper circulations are routinely blamed on the internet, the evidence paints a more complex picture, said Mr O'Reilly. "... Is it just possible that the consumer is capable of multi-tasking... consuming a multitude of media... that... need not necessarily be just online? "

For more details about the Conference, please visit the World Association on Newspapers here.

 

3 comments about "A Case For Print Over Hamburgers".
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  1. Bruce May from Bizperity, June 10, 2009 at 10:22 a.m.

    I am not impressed with any of these numbers. The Boston Globe is going down today even as we speak. I have watched this same kind of attitude in the music business as old world executives vainly try to hold on to their dysfunctional business models. The future is not in print and the sooner you wake up to that reality the sooner you will begin to build out the media solution that you need to thrive in the twenty-first century.

  2. Paul Camp from Content That Works, June 10, 2009 at 12:25 p.m.

    Bruce May is correct, the future is not in print, which does not mean that print has no future. The two are not mutually exclusive. There is a place for all media in a marketer's mix. Each medium has a different audience, different purpose and different impact.

  3. Orestes Baez from Maryland Pennysaver, June 11, 2009 at 1:41 p.m.

    I heard the CMO of WAN in Europe last month, same attitude- denial. Thier numbers are suspect- 62% of adults read a paper in the US, maybe if you use the old school 2.3 adults per household figure and multiply out. I run a media business, I can say the less than 25% of the adults in this building read a paper- please. And audience share increased if you add online, right. That's great spin making... The newspapers missed the "relevace" angle. Community papers have not suffered like the metro dialies because they are more relevent.

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