Want to know why the newspaper business has collapsed? Look at this chart from Marc Cenedella, CEO of TheLadders.com.
He shows ad revenue from help wanted classifieds dropping 92% in last 10 years, hitting $723 million last year, down from $8.7 billion in 2000. Once that easy money left the newspaper industry it was a lot harder to earn as much profit.
To read the full, original article click on this link: CHART OF THE DAY: Why The Newspaper Industry Collapsed
Author: Jay Yarow
