EU newspapers record worst-ever drop in ad revenue

The Presidents of the European Magazines (FAEP) and Newspapers Publishers’ Association (ENPA) held a meeting with Information Society and Media European Commissioner Reding, September 2009, about the current difficult economic and financial situation of the press sector in the EU Member States.

They highlighted that July-August 2009 showed the highest decrease of advertising revenue for Europe’s press in history. Advertising revenues have fallen between 20 and 50%.

In this particular context and in relation to policy issues, the Presidents drew the attention of the Commissioner to the current and most urgent challenges which need an immediate and appropriate response from the EU institutions.

• Primary Source

Website: European Newspaper Publishers' Association http://www.enpa.be/

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