Despite Paywalls, Newspapers Still Bled Red Ink in 2013

Circulation growth, mobile ads and digital paywalls narrowed newspapers' losses, but failed to offset declining advertising revenue as newspaper income continued to drop in 2013.

Overall revenue was off 2.6% to $37.59, a sharper drop than the 2% decline from 2012, according to a report from the Newspaper Association of America.

Ad revenue accounted for the entirety of the losses for newspapers. Print ad revenues fell 8.6%, and overall, ad sales for newspapers declined 6.5%

A 3.7% jump in circulation revenue, including digital paywalls helped alleviate some of the losses. Read more...