"the paper made a successful gamble on raising subscription prices.... a sharp increase in subscription and newsstand prices for the Globe."
Yeah, they are STILL LOSING MONEY but LESS.
How long can YOU STAY ion business that way, readers?
Then WHY DID CIRCULATION DROP?
"Circulation at The Boston Globe.... and many other newspapers around the country fell sharply in the six-month period that ended in September as more readers got their news and information from the Internet."
Yeah, NO ONE LIKES a LIAR!!!!!!
That is why there are SO MANY GLOBES LEFT on store shelves!!! I went into CVS the other day and there was a big stack of Globes just sitting there. The other papers were sold out by that time, but there were still plenty of Globes.
It's what is known in the economics field as a DYING INDUSTRY!!!!
"Globe, Herald circulation tumbles; Higher prices and Internet use are key factors" by Megan Woolhouse, Globe Staff | October 27, 2009
Circulation at The Boston Globe, the Boston Herald, and many other newspapers around the country fell sharply in the six-month period that ended in September as more readers got their news and information from the Internet.
The Globe’s daily circulation dropped 18.5 percent....
The Boston Sunday Globe’s circulation declined 16.9 percent....
Even though I am still buying, huh, you insulting s***rag?
Maybe that's why they are not buying, huh?
Looks like you might need to get out there, 'eh, Glob reporter?
The circulation declines hurt an industry already reeling from the difficult economy as well as continuing changes in the habits of readers and advertisers.
Yeah, keep telling yourself it is the economy that isn't really recovering, Globe.
Your capacity for self-delusion as you spew such agenda-pushing garbage and outright lies defies description.
As a result, a number of news organizations, including The New York Times Co., the owner of the Globe, have sharply raised subscriber and newsstand prices in an effort to generate increased circulation revenue even as the number of papers sold declines.
And once you start charging for news content on-line, the visits will start declining, too!
I'm also hurt and angry because I HAVE BEEN a FAITHFUL CUSTOMER and PURCHASER and ALL I GOT was this LOUSY, STINKING, IRRITATING BLOG to show for it! The DIVISIVE, AGENDA-PUSHING OBFUSCATIONS and OUTRIGHT LIES have been QUITE ENOUGH, thank you, and they NEVER STOP!
Raising prices helps pay for the full cost of putting out the newspaper, which historically had been subsidized by robust advertising revenue.
Which shows you WHO THE PAPERS are WORKING FOR and EXPLAINS SO MUCH of their CONTENT (or lack thereof).
The strategy has shown some early success. Though the Times Co. still reported a third-quarter net loss, it also said that total circulation revenue grew 6.7 percent and that circulation revenue at the company’s New England Media Group, which includes the Globe, rose 18.4 percent....
You know, CAPTURING MORE of a DYING MARKET doesn't really lead to FUTURE GROWTH, does it?
Nationally, daily circulation of 379 newspapers dropped 10.6 percent, double the rate of decline a year earlier.
Why did the TITANIC just LEAP INTO MY MIND, MSM?
Among the biggest declines were the Dallas Morning News, down 22.2 percent, the San Francisco Chronicle, off 25 percent, and the Philadelphia Inquirer, with a drop of 20 percent.
“It’s terrible, worse than I thought,’’ said Ed Torino, managing director of New York-based Benchmark Co. and a media analyst.
Too late to yell ICEBERG, isn't it?
Torino said many younger readers aren’t picking up the newspaper
GOD BLESS YOU KIDS!!!
and some longtime readers
That's me!
“have shifted to reading online, given up the newspaper, or are just getting it on the weekend.’’
Not yet, but I am REALLY, REALLY CLOSE!
As circulation has fallen over the years, readers have flocked to newspaper websites.
No, they have FLOCKED to BLOGS!!!
While the Globe’s daily paid circulation is now below 300,000, Boston.com, the Globe’s free website, had 5.2 million unique visitors in September, according to Nielson Netview research.
Yeah, and NOT EVEN a THANK YOU for MY VISITS or ME SENDING YOU THERE, readers! If those #s are even real.
Among the country’s largest newspapers, daily circulation at The New York Times dropped 7.3 percent, Gannett-owned USA Today’s daily circulation fell 17.2 percent, and the Los Angeles Times circulation declined 11 percent. The Wall Street Journal overtook USA Today as the No. 1 daily in the country with a 0.6 percent increase to more than 2 million subscribers.
See: A Good Use For the USA Today
The Journal reported that it was helped by the number of paid online subscribers, which is being included in the audit circulation figures, though the number of print subscribers fell slightly. A few other newspapers reported increases, like the New Haven Register (up 0.8 percent), but not enough to encourage analysts. Elsewhere in Massachusetts, daily circulation at the Worcester Telegram & Gazette fell 7.8 percent, the Springfield Republican dropped 11 percent, and The Patriot Ledger of Quincy declined 9.1 percent.
Yup, THAT is my SUNDAY LOCAL -- the ONLY DAY I get it!
Update:
"Newspapers Cut To Black
Not too many years ago, one senior newspaper executive said that there was nothing wrong with cutting costs but that, eventually, a company could cut so much that it would disappear up its own arse. The Audit Bureau of Circulations yesterday reported that the average American newspaper lost 10% of its circulation in the six months ending September 30, based on the 379 papers that filed data with the firm. All of the country’s largest newspapers do so. Some of the most well-known newspapers in the industry reduced their circulations much more than 10%. USA Today, the Gannett (NYSE:GCI) flagship, had a drop of over 17% to 1,900,116. The Boston Globe, which is owned by The New York Times Company (NYSE:NYT), had a fall of more than 18% to 264,105.
Newspapers have sent out copies on which they lose money, based on what subscribers would pay them, for years. Some of the copies were sold at sharply discounted prices, and others were sold to people so far from the printing presses that the distribution costs were relatively enormous. The industry believed, and was right in believing, that advertising sold into those copies would make them profitable. That worked until the Internet ruined the industry.
Newspapers are in the midst of a retrenchment that they cannot avoid and part of that retrenchment is cutting back circulation. The problem with the process is that advertisers want to pay less when they have their advertising running in fewer papers. A reduction in circulation means that advertising rates drop down and the road to profit becomes much less certain.
Newspapers had hoped that putting their brands and content online would bring in enough internet advertising revenue so it would make up for the money being lost on their print editions. They found out this year that it is not that easy. Most large online newspapers had falling advertising revenue during the first three quarters of this year. It is rare to find a newspaper where online revenue is 10% of total company sales. This is simply not enough to make much of a difference.
The industry is experimenting with other ways to solve its problem of falling revenue and rising losses. In Detroit, the daily newspaper is not available daily. A subscriber can only get The Detroit News and The Detroit Free Press on Sunday, Tuesday, and Friday. The program saves a lot of money in printing and distribution and undoubtedly allowed the companies to lay off workers. But, advertisers can no longer buy advertising on the four “paper-less” days, which is a lot of money for the newspapers to give up.
Business executives and scientists, unlike theologians and psychologists, believe that every problem has a solution. Unfortunately, that is not true. The best minds in the media industry have been working on the newspaper puzzle for years. Not a single person has come up with a workable solution to the industry’s problems, probably because there isn’t one.
Newspapers can buy time by cutting circulation and people to save costs. An economic recovery may buy the industry even more time. It has been said far too often, but, with the new September 30 circulation figures in hand, it is worth saying again. For the newspaper industry a huge success on the Internet is all that is left. All the other options are gone.
--MORE--""The newspapers did it to themselves. They stood shoulder-to-shoulder with the government as it lied us all into pointless and apparently unwinnable wars of conquest against nations that had not actually done anything to deserve being attacked. This created the phenomenon of the blogs who analyzed the news in an honest and objective way absent from the corporate media and pointed out where the obvious lies were to be found. If the newspapers had told the TRUTH and only the TRUTH, they would still be profitable.... But the corporate media bartered their honor and soul.... and now are paying the price." -- Wake the Flock Up
