The latest report from the Audit Bureau of Circulations showed that daily newspapers have been busily engaged in business as usual: losing readers.
Circulation is down almost across the board, with the exception of the Wall Street Journal and USA Today, which both managed gains of less than 1 percent, according to the report (via The New York Times).
USA Today remained the top-selling paper in the country with a circulation of 2.3 million, followed by the Wall Street Journal. The New York Times, which lost 3.9 percent of its readers, was at number three. The New York Daily News, which saw a 2.1 percent decline to 703,137, just barely managed to keep the upper hand on Rupert Murdoch’s The New York Post, which slipped 3.1 percent to 702,488.
Murdoch and the owner of the Daily News, Mort Zuckerman, are both hoping to acquire the other New York paper, Newsday, which posted a 4.7 percent decline in circ.
Metropolitan dailies continue to suffer the worst declines, with some, like the Dallas Morning News, losing as many as A.H. Belo Corporation, the parent company of the Dallas paper, lost $8.7 million in its first quarter as an independent firm, according to the Dallas Morning News. The company, which was spun off in February from Belo Corp., struggled with a weakening economy as well as the ongoing shift of advertising dollars away from traditional print media.
Revenue declined in Q1 to $160.2 million, down nearly 9 percent than the same period last year, when the newspaper unit was still part of Belo Corp.
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