Newspaper Association of America data out today indicates advertising revenue declined 29 per cent in the second quarter of 2009 over the same period a year earlier.
Revenue was $6.8 billion, down from $9.6 billion. In the previous quarter, the decline was 28 per cent year-over-year.
Online revenue didn't escape the plunge, dropping 16 per cent in the quarter to about $653 million. Newspaper revenue was about $6.1 billion of the total.
Revenue was $6.8 billion, down from $9.6 billion. In the previous quarter, the decline was 28 per cent year-over-year.
Online revenue didn't escape the plunge, dropping 16 per cent in the quarter to about $653 million. Newspaper revenue was about $6.1 billion of the total.
