Excerpt: In statistics released without fanfare, NAA said print advertising revenue totaled $24.82 billion -- the first time newspapers generated less than $25 billion in print since 1985.
That represented a 28.6% drop in print ad revenue from 2008 -- the fourth straight year-over-year decline.
Worse, the 2009 drop showed the year-over-year declined are accelerated again. In 2006, NAA recorded the first year-over-year decline of 1.7% from the year before. That grew to 9.4% down in 2007 and 17.7% in 2008.
Not surprisingly, classified was the most troubled ad category in 2009, falling 38.1% to 6.179 billion -- the lowest total in more than a quarter century. In 1983, classified generated just over $6 billion, a total that was a leap of 23% from the recession year before.
In other print categories, national ad revenue plummeted 26.2% and retail 24.2%.
Related articles:
How desperate are newspapers for ad revenue? (3/5/2010)
The newspaper business: "It is never, ever going to love you back". (2/25/2010)
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