Api-notes
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Newsmedia Economic Action Plan Conference
This is the first page for notes and links to the American Press Institute's two-day convening: "Newsmedia Economic Action Plan Conference" on Sept. 14-15, 2009 at API in Reston, Va.
8:30 a.m. session: Opening by Andrew Davis
"This is still a $50-billion industry," says Andrew Davis, president and executive director of the American Press Institute. "We are still a compelling medium and we don't have to apologize." Ad revenues are down 30% but television advertising is down more. "We are still spending almost $6 billion a year on the news product." Newsrooms are still about 11% of the total budget of newspapers.
