Dailies' newsstand sales decline in the UK

Posted by Clara Martínez Turco on August 27, 2010 at 9:43 AM

British newsagents are selling 14 percent less newspapers than they were a decade ago and sales revenues are expected to continue decreasing by 44 percent in the next five years, according to research by Mintel, paidContent reported yesterday.

But despite this decline, newsagents' income has increased since 1999 by 10 percent, to £26.8 billion. The reason is a sales boost of other goods such as magazines, cards and cigarettes, the Press Gazette informed.

Graph: paidContent

The biggest growth was experienced in the magazine and comic sector, where spending went up by 38 percent. Overall, spending on newspaper declined from £3.4 billion to £2.9 billion.

"This sector appears to be in long-term decline, reflecting changes in consumer lifestyles and major changes in how information is acquired and consumed," Mintel's report stated, according to paidContent.