(Entertainment-NewsWire.com, July 09, 2018 ) The newspaper and magazines publishers market comprises of establishments mainly engaged in producing publications including magazines, newspapers and directories.
The market is valued at around $220 billion in 2017, and is expected to decline due to the declining ad revenues and rising demand for e-news.
The newspaper and magazines publishers market in The Business Research Company’s report is segmented into three segments, namely, newspapers and magazine publishers, book publishers and directory, mailing list and other publishers. While the first segment accounts for more than half of the market share, the remaining share is attributed to the other two segments.
The USA was the largest country in the newspaper and magazines publishers market in 2017, accounting for almost one-third of the market share. The USA was followed by Japan and China as the next largest countries in the market.
News Corporation was the largest competitor in the newspaper and magazines publishers market, followed by Axel Springer and Gannett and Co Inc. News Corporation is part of the American Media mogul Rupert Murdoch’s empire. It is established as an Independent entity from the erstwhile News Corporation in 2013 and is solely devoted to Newspaper Publishing. The broadcasting and media properties such as Fox entertainment are delegated to the other entity. Some of its major newspapers include The Wall Street Journal, The New York Post, and the Sun etc.
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