It could be that profit margins are much higher without the UK newspaper market's tough competition.Bingo! The US newspaper market is actually a sea of local monopolies or oligopolies, which is why papers like the Boston Globe, the New York Times and the Washington Post can afford to be as staid and self-regarding as they traditionally have been: if people don't like it, what serious local alternatives are there?
The party's newspapers Renmin Ribao (People's Daily) and Guangming Ribao (Enlightenment Daily), and the People's Liberation Army's Jiefangjun Bao (Liberation Army Daily) continued to have the largest circulation... Cankao Xiaoxi (Reference News), an official news organ that carried foreign news items in Chinese translation, was available to cadres and their families. In 1980 it enjoyed a circulation of 11 million, but, with the subsequent proliferation of other news sources, its circulation dropped to 4 million in 1985, causing the subscription policy to be changed to make it available to all Chinese.Either the new subscription policy has made a huge difference, or it's another accuracy problem.
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posted by mediareport at 9:17 AM on June 12, 2005