So I’m not the only one sick of hearing TribCo and others kowtowing to Wall Street’s unnecessarily irrational expectations.
Last week, Gavin Oâ€™Reilly, President of WAN, presented “the facts, not the myths, about newspapers” to a group of investors, analysts, and correspondents at WAN’s first Capital Markets Day in London.
Among the findings (PDF):
- Paid-for circulations grew 1.9 percent over 12 months and 8.7 percent over five years. With free newspapers, global circulation grew 4.3 percent year-on-year.
- Free daily newspaper circulation more than doubled over five years, to 40.8 million copies a day
- More than 1.4 billion people now read a newspaper daily
- Paid-for daily titles surpassed 11,000