Industry Analysis & Industry Trends
The industry is comprised of companies that print newspapers or periodicals at least four times a week on their own behalf or on a contract basis. Competition from online substitutes is negatively affecting the Newspaper Publishing industry. Although many publishers have been able to respond to the competition by building their own online brand and 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 has been strongly declining in the Newspaper Printing industry. Industry revenue is expected to decline at a compound annual rate of 9.9% over the five years through 2016-17, reaching £454.8 million. This includes a forecast decline of 5.8% in the current year... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Newspaper Printing industry is in the decline phase of its economic life cycle. Key signals of this include a declining contribution to the economy, falling revenue and demand and falling participation. Industry value added is projected to decline at a compound annual rate of 5.9% over the 10 years through 2021-22. Over the same period, UK GDP is expected to grow at a compound annual rate of 2.3%. As a result, the industry is making up a smaller portion of the overall economy, a key indicator of its declining life cycle stage.
The industry has been declining for a number of years now, as electronic substitutes (mainly online subscriptions) began to erode demand for printed copies. Revenue is expected to decline at a compound annual rate of 9.9% o.. purchase to read more