German newspaper sales stabilize as readers pay online

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FRANKFURT/BERLIN (Reuters) – German newspaper revenues stabilized in 2014 after years of decline as publishers compensated for falling advertising sales by persuading more readers to pay for news online. Total revenues fell 0.6 percent to 7.76 billion euros ($8.57 billion) in Europe’s biggest newspaper market, the Federation of German Newspaper Publishers (BDZV) said, compared with a 4.4 percent decline in 2013.

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German newspaper sales stabilize as readers pay online