Photo: Latin American newspaper
As American newspapers try to figure out how to stay alive and have long forgotten how to thrive, their Latin American counterparts are thriving.
At a conference for the World Association of Newspapers and News Publishers in Bogota, Colombia the Latin American region was proud to announce overall circulation had increased by 5.1% over four years from 2005-2009.
More importantly newspaper revenue soared by 65% while dropping by 33.1% in North America and 13.9% in the European continent.
The strong performance of Latin American newspapers is only expected to grow thanks in great part to the economic strength in the region. Another source of growth for newspapers in the region is the boom in mobile market that provides many opportunities for paid content.
The World Association of Newspapers represents 18,000 publications and 15,000 on-line sites representing over 120 countries worldwide.