Newspaper Shares Dive, Digital Revenues Up for Magazines

The New Year brings lots of revenue data and Monday morning quarterbacking (or should we say January-quarterbacking?).In the newspaper business, stocks plummeted an average of 27% in 2011. In fact, every major print/online news outlet saw a decline, except for Rupert Murdoch’s News Corp, which has employed a strict paywall strategy for years. This is good news for subscription sites, and with the New York Times’ adoption of a paywall strategy in 2011 (albeit a…

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