Data Point – Newspaper version of “Schumpeterian creative destruction”

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“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)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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