Biggest Ad Revenue Plunge for Newspapers in More Than 50 Years
'The newspaper industry has experienced the worst drop in advertising revenue in more than 50 years. According to new data released by the Newspaper
Association of America, total print advertising revenue in 2007 plunged
9.4% to $42 billion compared to 2006 -- the most severe percent decline
since the association started measuring advertising expenditures in
1950.'