Newspaper Publishers Industry Profile

Companies in this industry are engaged in operations like producing and distributing newspapers, and also include writing news and selling advertisements. The newspapers published are in both print and digital forms. Major companies include Gannett, McClatchy, and News Corp (all based in the US). Other major companies outside the US are Asahi Shimbun (Japan), Axel Springer (Germany), and the Daily Mail and General Trust (DMGT) (UK).

Global print newspaper and magazines market is about $130 billion in 2024 and expected to amount to about $158 billion in 2032 with a compound annual growth rate (CAGR) of 2.5%, according to SkyQuest. In 2024, estimated total US daily newspaper circulation (print and digital combined) was down about 2 million, or 12% from 2023, according to Press Gazette.

The US newspaper publishing industry includes about 7,300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $26 billion.

COMPETITIVE LANDSCAPE

Corporate spending on advertising and consumer disposable income drive demand. The profitability of individual companies depends on effective marketing and efficient operations. Large companies benefit from economies of scale in administration and by providing a range of outlets for advertisers. Small publishers can compete successfully by serving desirable markets. The US industry is concentrated: the top 50 companies generate about 75% of revenue.

Competition for reader attention and advertiser spending comes from companies in other media that provide news and entertainment, including television ...