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Article: AUSTRALIAN NEWSPAPER AD REVENUE DOWN ONLY 0.6% IN 2008.
- Article from:
- AsiaPulse News
- Article date:
- April 1, 2009
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SYDNEY, April 1 Asia Pulse - Australian newspaper advertising revenue slipped during 2008 but the decline was less than that of the United Kingdom and the United States, new figures show.
Industry body The Newspaper Works said the combined ad revenue of all newspapers in Australia declined by just 0.6 per cent in 2008.
This compares to a 12 per cent drop in ad revenue in the UK and 17.7 per cent drop in the US.
"These figures prove yet again the robust state of the Australian newspaper sector," The Newspaper Works chief executive Tony Hale said.
Mr Hale said newspapers had delivered a much stronger result in 2008 than many would have ...