Industry Analysis & Industry Trends
Competition from online substitutes is wreaking havoc on the Newspaper Publishing industry. Although many publishers have been able to manage the damage by building their own online brand and thus attracting advertising revenue from their websites, this is not possible for businesses that derive income from printing physical copies of newspapers. As a result, revenue declines in the Newspaper Printing industry have been savage and are expected to average 8.7% annually for the five years through 2011-12.
Falling demand for newsprint has been the end for many players, as many smaller newspapers have mothballed their printing facilities and opted to outsource this function to larger contract printers... purchase to read more
Industry Report - Industry Investment Chapter
Overall, the industry has a medium level of capital intensity, with the average firm in the industry spending £3.25 on labour for every £1.00 spent on capital.
Employment costs are high compared with the average for all manufacturing industries (about 17%). This is due to the industry having a relatively high level of labour input compared with the overall manufacturing sector, due to the variations in the types of printing required, and the quality control rigours required when printing a new set of newspapers every day. Many operations operate through the night to ensure the morning's paper is delivered on time, and this increases labour costs substantially... purchase to read more