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If US Newspapers Think They Have It Bad Then The They Should Look Across The Atlantic -- In the UK Trinity-Mirror Reports Advertising Down 16% At Its Three National Tabloids While Losses At Murdoch’s Times and Sunday Times Treble In The Past Three Years And Associated’s Daily Mail Cuts Some Editorial Budgets By 20%
Philip M. Stone May 8, 2006
No matter what spin is put on it, It’s much more than a “cyclical downturn”; the UK national newspaper business has very much the smell of undergoing a major structural change because of severe advertising revenue declines, and it is the loss primarily of classifieds to the Internet that is the villain.

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