Stop the Presses

A statistical snapshot of our rapidly shrinking media universe.

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  • Since 1972, the percentage of Americans who read a newspaper every day has dropped from 70% to less than 40%.
  • Between 1990 and 2004, daily newspaper circulation dropped 11%, from 62 million to 55 million.
  • 2/3 of independent newspaper owners have shut down in the past three decades.
  • Less than one-fifth of the nation’s 1,500 daily newspapers are independently owned.
  • Nearly 40% of newspapers, accounting for almost 70% of daily circulation, are owned by major newspaper chains.
  • More than half of all U.S. markets are dominated by one paper.
  • Newspapers are expected to make $50 billion from advertising in 2007.
  • Online advertising is expected to account for around 6% of newspapers’ total ad revenues in 2007.
  • The newspaper industry has cut 2,800 full-time newsroom jobs this decade.
  • The value of the United States’ airwaves has been estimated at $367 billion.
  • The number of companies owning TV stations has dropped 40% since 1995.
  • 1/3 of independent TV owners have left the business.
  • Less than 4% of television stations are owned by minorities.
  • The number of radio station owners has dropped by 34% since 1996, when ownership rules were relaxed.
  • 1/3 of local radio stations are owned by out-of-town conglomerates.
  • Comcast and TimeWarner serve 40% of households with cable TV.
  • Since the passage of the Telecom Act of 1996, cable TV rates have gone up 40%.
  • Nearly one-fifth of Americans get their Internet access via AOL/TimeWarner.

Sources: Common Cause, Isp-Planet.com, Newspaper Association of America, Project for Excellence in Journalism, StopBigMedia.com

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again—any amount today.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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