Saturday, November 15, 2008

The More Newsprint Producers Raise Their Prices The More Newspaper Publishers Cut Back On Consumption – Where Will It End?

From FTM:

For newspapers, newsprint is a cost center, not a profit center. For the paper industry, on the other hand, newsprint has been a financial bust for the past few years and it has taken a long time to finally squeeze out capacity so it could implement, for instance, this year in the US a $20 a month increase. But for a newspaper industry with huge financial problems of its own, those newsprint increases couldn’t have come at a worse time, so now newspapers are racing one another to come out with additional ways to reduce usage.

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