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Video: US & Euro Papers Dying, India's Booming
Contributed by J. R. Ransom
India's Newspaper Boom
With US & Euro newspapers just about dying, India's are booming. This video (9min 34 sec) examines that. "This is the age of the Internet and for most of the global newspaper industry that means trouble.
The World Association of Newspapers (WAN) reports that in the European Union the past five years circulation for paid newspapers are down more than 5%. It's a similar story in the US. Now compare that to India where over the same five year period newspaper sales are up over 50% and advertising revenues up over 85%. India now has more daily newspapers than any other country including China...
Two thousand daily newspapers in at least fifteen different languages... In India newspapers have a vast and growing potential readership of over 330 million people. That's more than the size of the population of the United States... This market began it's phenomenal growth back in 1991 when India liberalized it's economy."