Newspaper industry

Newspaper ad revenue hits lowest in 27 years

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Alan Gardner June 2, 2011 1 minute 0 comments

More bad news.

U.S. newspaper advertising revenue fell 7 percent during the first three months of the year. That left the industry?s quarterly ad revenue at its lowest level in 27 years.

Combined print and online advertising revenue totaled $5.6 billion in the first quarter. That compared with $6 billion a year earlier.