Traditional Media Downfall Shown in Depressing Infographic
On the heels of Pew’s findings that newspapers gain only $1 in digital revenue for every $7 lost in print revenue, we now present to you even more depressing news. The Next Web has found perhaps the saddest traditional media related infographic ever.
A few lowlights:
- Between 2007 and 2010, 13,500 journalists have lost their jobs
- Amazon sells about 115 e-books for every 100 print books
- Just 31 percent of people who read a paper each day read it in print only
- Ful-time newspaper staff is at its lowest point since the 1970s
To view the full infographic, click here. If you’re in the traditional media business, you might not want to. If you do look at it, maybe have a loved one hold your hand while you do. It’s that bad.
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