In 2008, the worldwide total sales of newspapers increased, though not significantly, in spite of the pessimistic forecasts of experts that the newspaper industry because of the global financial crisis will be on the verge of "extinction." That was reported by AFP on Thursday, May 28, with reference to the figures the World Association of Newspapers (WAN).
Specialists organization noticed a trend: a sharp drop in circulation of newspapers in Europe and the United States in 2008 were offset by growth in Africa, Asia and Latin America.
As compared to 2007 in 2008-m number of newspapers sold worldwide rose to 539 million copies (increase of 1.3 per cent). WAN president Gavin O'Reilly (Gavin O'Reilly) reported that in 2004, sales of newspapers increased by 8.8 per cent. The data O'Reilly announced in Barcelona at a conference of association.
Meanwhile, as reported by the President of WAN, advertising revenues of newspapers around the world declined in 2008 to five per cent compared to 2007. In 2009, revenues continue to decline, but as O'Reilly predicts, then the industry is "always up".
World Association of Newspapers represents 18 thousand newspapers in 120 countries.
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