The Bergen Record, a North New Jersey newspaper, has seen its print circulation fall by 81% since being acquired by Gannett, according to the rival news service the New Jersey Globe.
Weekday circulation fell by 136,074 to 25,312, and Sunday circulation went from 171,744 to 31,311.
Gannett CEO Mike Reed acknowledged when reporting on earnings last week that print was down, but he pointed to growth in digital.
Digital-only circulation revenues reached $35.5 million in Q4 2022, 28.6% growth YoY. In addition, Gannett now has 2.03 million digital-only paid subscriptions. It also drew 179 million average monthly unique visitors in Q4,with 133 million average monthly unique visitors coming from the USA Today Network, it says.
'Daily' journalism in New Jersey is a wreck.