U.S. newspaper advertising fell by more than half in six years 2005-2011

Newspaper advertising revenues in the U.S. have declined 51.6% in six years -- from $49.4 billion in 2005 to $23.9 billion in 2011. This is according to a story in MediaDailyNews, based on data released recently by the Newspaper Association of America. The year 2005 was when internet and online advertising began to take a serious bite out of the business."The collapse has hit every major category