It has been reported today on CNBC that Newspaper Advertising is down for the second straight quarter. General Motors has cut their Advertising Budget by 25%.
These facts are significant to the future of Newspaper Advertising. Newspapers have been losing advertising revenue for several years. The Internet is the largest benefactor in the wake of the Newspapers loss of advertising revenues. Social Networking sites such as facebook and Christonium are in good position to present a challenge to the Print Media. Christonium is free and available to any internet user. The internet is the first place the younger consumer goes to to seek information on purcahses. This dynamic will continue to follow to the older demographics 45-70 years. Try out Christonium................
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