By: E&P Staff The Inland Press Association has revised its newspaper profitability study that breaks out profits by circulation groups.
The
study found that the only group to still recorded an increase of profit over a five-year period ending 2008 was the under 15,000 circulation category with 2.5% growth.
However, Inland said that profit fell at newspapers in the 25,000 to 50,000 circ category roughly 89% over the five year period, as opposed to a decline of 190, according to Alan Mutter on his
blog Reflections of a Newsosaur.
The report found that newspaper operating profit still ranged from more than 8.5% to 13.6% of gross revenue in all circ groups except 25,000-50,000.
"It's encouraging to note that newspaper profitability can still achieve a double-digit percentage of gross revenue," Ray Carlsen, outgoing executive director of Inland, said in a statement. "It means that newspapers are still a good business when compared to the results of other industries."
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