1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Nominal Inflation Adjusted Chart Local news-producing TV revenue in millions Source: BIA/Kelsey and Pew Project for Excellence in Journalism research
SNL Kagan, eMarketer, Veronis Suhler Stevenson, Radio Advertising Bureau, Publishers Information Bureau, National Newspaper Association, BIA/Kelsey 23% 9% -3.7% -5.6% -6.7% -7.3% Online Cable TV Networ k TV Magazi nes
All media have strengths, weaknesses that should be understood • New media are increasingly important • Don’t count legacy media out yet, especially in a crisis • Understand push vs. pull