This economic downturn has hit the newspaper industry hard, and free papers have taken the biggest blow. In a June 7, 2009 New York Times article on the subject, Eric Pfanner describes the plight of the free newspaper. He writes, "They rely entirely on advertising, which is more volatile than revenue from newsstand sales and subscriptions." Unlike their paid counterparts, [...]
It's a sign of the times: As younger consumers lose discretionary income, advertisers are shifting their attention to an older generation. This shift has implications for print and broadcast as those media outlets which cater to an older generation are faring better in this economy. Older generations were previously ignored by advertisers because they were considered less wealthy and resistant [...]
