In “Newspapers: Stabilizing but Still Threatened,” the Pew Research Center re- ported that last year, print advertising in newspapers fell for the sixth consecutive year. Now about 15 percent of newspaper revenue, digital advertising continues to grow but far more anemically than print advertising is lost. While warning that newspapers need to decrease their historic over-dependence on advertising, the report also concludes that “newspaper organizations” now “have grounds for a modicum of optimism.”
Any of the following, if true, would help explain the apparent discrepancy in the information above EXCEPT: (A) Some newspapers have begun to restructure debt and to ease the burden of historic pension obligations.
(B) Revenue from local advertising is trending slightly upward in contrast to plummeting revenue from national advertising.
(C) Mobile advertising is a new source of revenue resulting from the shift to smartphone platforms.
(D) New sources of revenue such as social marketing services for local vendors have helped reverse balance sheet trends.
(E) Digital pay plans have significantly alleviated some of the major operating costs of newspapers.