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India second largest newspaper market with 88.9 million circulation
 

Indiantelevision.com Team

(4 June 2007 2:35 pm)

 

NEW DELHI: Despite comparatively low literacy figures, India has emerged as the second-largest market for newspapers in the world with a daily circulation of 88.9 million copies daily, even as newspaper sales in the country increased 12.93 per cent in 2006.

In fact, a study by the World Association of Newspapers released here today showed that there was a growth of 53.63 per cent in newspaper sales in the country in the last five years.

Newspaper advertising revenues in India increased by 23.18 per cent over the last one year and by 85 per cent over the last five years.

The new data, from WAN's annual survey of world press trends, was released to more than 1600 publishers, editors and other senior newspaper executives from 109 countries attending the 60th World Newspaper Congress and 14th World Editors Forum here. The Forum, which runs concurrently with the Congress and Info Services Expo 2007, is on the theme of "Quality Journalism in the Digital Age."

Even as global newspaper circulation rose 2.3 per cent in 2006 and 9.48 per cent over the last five years, the largest growth was seen in India and China in the paid-for newspaper circulation which rose by 1.9 per cent over the 12 months and by 8.7 per cent over five years to more than 510 million copies in 2006. But the global paid-for circulation was up just 0.04 per cent excluding Asia where India and China topped the growth figures.

WAN CEO Timothy Balding said sixty of the world’s 100 best selling dailies are published in India, China and Japan, and seven of 10 best selling dailies are now published in Asia. "The Facts About Newspapers, Not the Myths" report is based on preliminary figures gathered by WAN from all the 232 countries and territories where newspapers are published.

"Newspapers in developing markets continue to increase circulation by leaps and bounds, and in mature markets are showing remarkable resilience against the onslaught of digital media. Even in many developed nations the industry is maintaining or even increasing sales," said Balding.

The five largest markets for newspapers are: China with 98.7 million copies sold daily; India with 88.9 million copies; Japan with 69.1 million; the United States with 52.3 million; and Germany with 21.1 million.

Seventeen countries including India saw newspaper advertising market share growth in 2006. The others were Austria, Belgium, Switzerland, Czech Republic, Greece, Indonesia, Hong Kong, Colombia, Mexico, Puerto Rico, Bahrain, Kuwait, Oman, Qatar, United Arab Emirates, and South Africa.

"Hidden in those figures is the fact that newspapers -- as the second largest advertising medium to TV -- actually represent more than the combined advertising value of radio, cinema, magazines and the internet," WAN President Gavin O'Reilly who is the COO of Independent News & Media Ltd. said.

Paid circulation took global sales to a new high of more than 515 million daily. With free dailies added, daily circulation increases to nearly 556 million, a 4.61 per cent increase from the total of paid and free dailies in 2005.

Circulation sales rose everywhere except North America which saw a decline of 1.97 per cent. They rose 3.61 per cent in Asia in 2006 over the previous year, 4.55 per cent in South America, 0.74 per cent in Europe, 0.65 per cent in Africa, and 2.11 per cent in Australia and Oceania. In fact, North America was the only continent to show a decline in newspaper sales.

The number of paid-for newspaper titles increased everywhere except South America where it was stable. The number of newspaper titles was up seven per cent in Asia, 1.3 per cent in Europe, 0.67 per cent in North America, 1.2 per cent in Africa and 1.14 per cent in Australia and Oceania. The number of new paid-for titles grew to more than 11,000 for the first time in history.

Asia recorded a 2.99 per cent growth, second-biggest after South America 's 4.59 per cent. However, North America recorded a decline of 1.97 per cent in the paid-for circulations in 2006. Asia also recorded the biggest rise of 6.13 per cent in the number of paid-for titles, as against a total of 3.22 per cent globally and declines in North and South Americas.

The Japanese remain the world's greatest newspaper buyers with 630.9 daily sales per thousand adults, and the Belgians spend the most time with their newspapers 54 minutes a day.

The free daily newspaper circulation more than doubled over the five years to 40.8 million copies a day, while more than 1.4 billion people are now reading a newspaper daily, the survey found.

The report shows that broadband penetration is not adversely impacting underlying volumes of advertising and in the last 24 months, more new, innovative newspaper products have been launched than over the prior 30 years. More than $6 billion have been invested in newspaper printing and production equipment in the last 18 months.

The new “free” dailies have - in a short time - captured over 40 million readers, particularly among the young and newspaper companies continue to invest heavily in their business and their future.

Adding free newspapers, global circulation grew 4.3 per cent year-on-year, and the survey showed more than 1.4 billion people now read a newspaper daily. Paid-for daily titles surpassed 11,000 for the first time in history.

Advertising revenues rose 4 per cent in 12 months and 15.6 per cent over the past five years. The print medium continues to be the biggest advertising medium in the world, with a 42 per cent share. Newspapers alone are the second largest with 29.4 per cent of global advertising spend.

WAN, the global organization for the newspaper industry, represents 18,000 newspapers; its membership includes 76 national newspaper associations, newspaper companies and individual newspaper executives in 102 countries, 12 news agencies and 10 regional and world-wide press groups.

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