Newspaper ad spending dips sharply
Bloomberg News reports ad spending in U.S. newspapers dropped 6.5 percent in the first quarter. The same data, compiled by TNS Media Intelligence, indicates Internet ad spending rose by a whopping 19 percent during the same period.
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Meanwhile, in other depressing national print headlines, some 70 newsroom staffers at The Washington Post, including reporters, editors, and photographers, will take the paper’s buyout offer, the Post reported Thursday. Included in the trimming was longtime TV critic Tom Shales.