Newsbrands: Newspapers struggling to stay afloat in perfect storm

Revenues for print advertising have dropped 75% from a high of €367m in 2007 to €87m in 2019.

News publishers are "struggling to stay afloat in a perfect storm of the pandemic and other issues", an Oireachtas committee has been told.

Vincent Crowley, chairman of newspaper representative body NewsBrands Ireland, told the Oireachtas Committee on Media that the paradox of the Covid-19 pandemic is that publishers are now reaching more readers than ever, but this is not being translated in advertising.