Newspaper Web Sites' Growth Slowing, But Still Dominant In Local Markets

One bright spot for newspapers: they have built the most valuable local Web properties over the last 6 years, according to research from Borrell Associates and BIA Financial. Growth of newspaper online operations have declined since the beginning of the year, but they’ve grown at a compound rate of 33.5% since 2002.

TV and radio sites are growing much faster — 70% and 67% since 2002, respectively — but off a much smaller base. Newspapers’ local Web dominance is reflected in their estimated average valuations for the top properties:

Newspapers: $300-$450 million
TV: $30-$40 milllion
Radio: $15 to $20 million
Web only properties: $15 million

See Also:
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Newspapers Find Way To Lose Ground OnĀ  The Web, Too
Small Suburban Newspapers Far Less Screwed Than Big Dailies
Newspaper Slide: Even Worse Than We Thought?
Uh Oh: Newspaper Digital Revenue Suffering, Too

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