Data Point - Newspaper version of "Schumpeterian creative destruction" - Granite Grok

Data Point – Newspaper version of “Schumpeterian creative destruction”

“What goes up must come down” when an irresistible disruptive force invades your previously safe marketplace.

  • Newspaper ad revenue: 1950 - 20111950 – $20 billion in ad revenue
  • 2000 – $63 billion in ad revenue
  • 2011 – $20 billion in ad revenue

Thoughts – it’s not just the Internet that has caused the disruption – many folks are missing the “objective” reporting and have gone elsewhere to find it.

(H/T: Enterprise Blog)

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