Newspapers continue downhill slide

In much the same way the corporate entertainment industry has lost its relevancy thanks to P2P communications, the downhill slide of the US press corps(e) continues as newspapers are forced to give way to online scribes, the vast majority of them ordinary people. “The Audit Bureau of Circulatations reported today that the average weekday circulation of the nearly 400 daily papers that reported sales slid 10.6% between April and September compared to the same six-month period in 2008,” says the Los Angeles Times , going on, “That was bigger than the 7.1% decline recorded during the previous six months.” Of America’s five biggest dailies, the Wall Street Journal, “displaced USA Today as the nation’s largest daily, notching a slim 0.6% gain in subscribers to reach slightly more than 2 million,” says the story, continung: “USA Today’s circulation fell 17% to 1.9 million as the Gannett Co. paper, which gets many of its sales at hotels and airports, was hit by the slump in travel.

Tags: angeles, angeles-times, circulatations, circulation, citizen, corporate, entertainment, industry, newspapers, p2p, relevancy, sales-at-hotels, scribes, street, street-journal