In Q1 newspaper revenue dropped 3.8% to $5.85 billion from $6.08 billion in the first quarter of 2016. And while digital is up for newspaper industry, it is not able to offset other revenue declines. For example, Gannett reported digital ad revenue increased 3.7% but print revenue dropped 17.7% and circulation revenue was down 8%. Between 2010-2016 newspaper revenue has been on a steady decline, down from $35.2 billion to $25.4 billion.
