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Newspaper publishers have seen their revenues fall by more than half over the past two decades in the United States, as the Internet disrupts advertising markets that once funded tens of thousands of newsroom jobs across the country. country.
New data from the U.S. Census Bureau shows newspaper publishers collected about $22.1 billion in revenue in 2020, less than half the amount collected in 2002, according to the Bureau’s annual survey, relayed by the daily The Hill.
These revenues fell by almost 28% between 2002 and 2010 and by almost another 34% between 2010 and 2020, according to the survey. Periodical publishers, which print and distribute magazines, academic and scientific journals, and religious publications, have seen their revenues decline by almost as much, from $40.2 billion in 2002 to $23.9 billion in 2020.
Sami Nemli with agencies / Les Inspirations ECO
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