Private Frazer’s Doomed Magazines

March 18, 2009

Don’t panic! (18/03/09)

Filed under: Don't panic,figures,Recession,USA — privatefraser @ 1:00 pm

This from The Independent: Advertising spend collapses as economy grinds to a halt, with the choice quote:

In the last quarter alone, the newspaper industry’s ad revenues fell 18.9%, with only magazines performing worse, down 19.2%.

And news from across the Atlantic:

American Business Media today said … advertising revenue in the b-to-b space [could fall] 19 to 22% in 2009

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