Saturday 15 November 2014

Latest ABCs show newspaper market decline running at 8% a year

Title: Latest ABCs show newspaper market decline running at 8% a year



Summary:
This article is about the rate at which the newspaper market declining at a 8%+ rate. The article is made up of statistics to do with the newspaper market. The majority of the article states that newspapers have gone in to the negatives with only a few newspapers having a decent year.

Facts/Phrases:
Ø  “....newspaper market is falling at a rate of more than 8% a year, according to the latest set of officially audited circulation figures produced by ABBC.”
Ø  “The Sunday market, which now sells some 570,000 fewer copies than the weekday issues, is declining slightly faster at more than 9%.”
Ø  The Times have enjoyed a slight year-on-year increase, of 0.66% (though noticeably supported by 21,983 bulk sales)
Ø   The Guardian (without bulks) managed to record a drop of just 0.9%. (Its 0.53% loss on the six-monthly comparison makes it the best performing of any national daily on that metric).
Ø  The Daily Telegraph, with a drop of 5.94% in June this year compared to the same month in 2013
Ø  The I, with a 5.5% fall, also came in better than the rest of the market.
Ø  The Financial Times, which is following a digital-first strategy, saw sales fall by 14.68% over the 12 months while The Independent was down 13.08%.
Ø  The Daily Star lost 75,000 buyers over the year, which represents a decrease of 13.67%, while The Sun was down 9.37%.
Ø  The Daily Mirror, down 7.71%, and the Daily Mail, down 7.36%, did somewhat better, while the Daily Express suffered an 8.15% drop.
Ø  Year-on-year, and on the six-monthly comparisons, all the red-tops - Sun on Sunday, Sunday Mirror, Sunday People and Daily Star Sunday - registered falls averaging about 11%.
Ø  The Mail on Sunday and Sunday Express, down by 6.68% and 8.28% respectively, appear to be losing about 1.5% of their sales month after month.
Ø  The Observer enjoyed its second best year-on-year performance with a slight drop of 2.5% (about 5,300) copies to register a June total of 207,005 copies.
Ø  The Sunday Times, still triumphant as the market leader with an average sale in June of 815,759, was down 2.9% on the year, but was 3.4% down on the month.
Ø  The Sunday Telegraph managed a slight month-on-month rise, but it dropped 3.9% on the year.
Ø  10-year comparisons reveal that the Sunday market total has dropped from 12,752,933 to 6,697,573, a decrease of 47.5%.

Opinion:
 In my opinion, this article indirectly highlights how the introduction, development and advancements of new and digital media have created a destructive effect on the newspaper industry. The most significant evidence being the 10-year comparison that had revealed the Sunday market total has dropped from 12,752,933 to 6,697,573, a decrease of 47.5%. The issue with this is that without broadsheets, audiences have become dumb down, and are not used to hard hitting news that is in more complicated English, instead of informal language and pictures of cats.


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