Publication and commercial printing are showing signs of picking up during the last half of 2020.
David Savastano, Editor11.13.20
The past 12 years have been difficult for the publication printing market. Since the global recession in 2008, daily newspaper subscription in the US has dropped from 48,597,000 to an estimated 28,554,137, according to the Newspapers Fact Sheet posted by Pew Research. To put that in context, the high-water mark was 63,340,000 in 1984. The number of newspapers in the US has also declined in recent years, as newspapers continue to emphasize digital editions.
The magazine industry has been steadier. According to Statista, there were 7,357 print consumer magazines in the US in 2019, up from 7,218 in the previous year. While some big names have closed over the years, others have taken their place.
It is too early to assess the impact of COVID-19 on the global newspaper and magazine industry, but it is also taking a toll.
John Corcoran, VP, sales – US Ink, Sun Chemical, said that from a print standpoint, similar to previous years, newspaper circulation continues to decline as they a
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