Newspapers Lose Millions to Craigslist

Consulting group Classified Intelligence said newspapers have lost between $50 and $65 million in employment ad revenue along with millions more in real estate and other classified categories. Together, online job boards bring in $217 million in recruitment revenue compared to newspaper's $1.1 billion. Classified Intelligence predicts online job board revenue will eventually surpass newspaper recruitment advertising revenue.

by Steve Hall    Dec-28-04   Click to Comment   
  

Enjoy what you've read? Subscribe to Adrants Daily and receive the daily contents of this site each day along with free whitepapers.

Comments






Stanton Optical


Featured FREE Resource: