Categories: OLD Media Moves

Cut stock listings at your own peril

Research posted on the Editor & Publisher web site on Friday shows that newspapers that have cut stock listings risk missing key readers.

The research from Survival and Growth Enterprises stated, “The encouraging finding for newspapers in the light of doom and gloom reports about newspaper declining circulation, is that while 55 percent say they follow prices on the Internet, a hefty 44 percent report they look for stock prices in the newspaper.

“Other media are mentioned as sources of news on stock prices with sharply lower frequency: television (28 percent) and radio (2 percent).

“Not so encouraging for newspapers, consumers name the Internet (46 percent) more than twice as frequently as they name newspapers (19 percent) as the place they look most often for stock prices.

“Newspapers not fighting to retain their audience of investors by restricting their reporting of stock prices are blowing off a segment of the consumer population that their advertisers would die for.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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