From The Atlantic:
Since 2003, print advertising revenues for newspapers has fallen from $45 billion to $19 billion, while online digital advertising has grown from $1.2 billion to $3.3 billion. In other words, over the last ten years, the average annual decrease in print advertising revenues for newspapers is larger than the total increase over that decade in online advertising revenues.
Source - This Is the Scariest Statistic About the Newspaper Business Today, The Atlantic
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