Stop the Presses

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  • Since 1972, the percentage of Americans who read a newspaper every day has dropped from 70% to less than 40%.
  • Between 1990 and 2004, daily newspaper circulation dropped 11%, from 62 million to 55 million.
  • 2/3 of independent newspaper owners have shut down in the past three decades.
  • Less than one-fifth of the nation’s 1,500 daily newspapers are independently owned.
  • Nearly 40% of newspapers, accounting for almost 70% of daily circulation, are owned by major newspaper chains.
  • More than half of all U.S. markets are dominated by one paper.
  • Newspapers are expected to make $50 billion from advertising in 2007.
  • Online advertising is expected to account for around 6% of newspapers’ total ad revenues in 2007.
  • The newspaper industry has cut 2,800 full-time newsroom jobs this decade.
  • The value of the United States’ airwaves has been estimated at $367 billion.
  • The number of companies owning TV stations has dropped 40% since 1995.
  • 1/3 of independent TV owners have left the business.
  • Less than 4% of television stations are owned by minorities.
  • The number of radio station owners has dropped by 34% since 1996, when ownership rules were relaxed.
  • 1/3 of local radio stations are owned by out-of-town conglomerates.
  • Comcast and TimeWarner serve 40% of households with cable TV.
  • Since the passage of the Telecom Act of 1996, cable TV rates have gone up 40%.
  • Nearly one-fifth of Americans get their Internet access via AOL/TimeWarner.

Sources: Common Cause, Isp-Planet.com, Newspaper Association of America, Project for Excellence in Journalism, StopBigMedia.com

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FACT:

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Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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