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Another study shows Craigslist is killing newspapers » VentureBeat

Posted: May 24th, 2009 | Author: admin | Filed under: Blog | Tags: , | No Comments »

Most newspaper-industry watchers know that online classified sites, particularly Craigslist, have dealt a major blow to newspaper revenue. Now a new study from the Pew Internet and American Life Project does a good job summarizing the shift: Between 2005 and 2009, the number of adults who have used online classifieds more than doubled, from 22 percent to 49 percent. At the same time, newspaper classified revenue dropped from around $17 billion to $10 billion.

via Another study shows Craigslist is killing newspapers » VentureBeat.

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