U.S. newspapers' circulation experienced across the board declines over the last six months, falling 3.6 percent collectively, according to the FAS-FAX report released by the Audit Bureau of Circulations, Reuters reported. As we said last November, when the last FAS-FAX was issued, print circulation for dailies slipped 2.5 percent over the previous six month period, indicating that the sputtering economy, along with readers continuing migration away from print and towards the web is taking a heavier toll on the industry.
-- Even for 500 newspapers included in the ABC report that didn't see declines, such as Gannett's (NYSE: GCI) USA Today and News Corp.'s (NYSE: NWS) Wall Street Journal, all reported paltry increases of about 1 percent each.
-- Weekday circ at The New York Times dropped 3.85 percent, while Tribune Co.'s Los Angeles Times fell 5.13 percent.
-- Sunday circulation dropped 4.6 percent overall.
By David Kaplan