The Press: Britain's Newspapers

There are any number of things which can make publishing an immensely unprofitable business. One big one is to have the cost of paper rise (many a U. S. publisher felt the pinch when newsprint rose from $42.50 to $50 a ton in 1938). Another is curtailed advertising. A third, most dangerous in the long run, is losing the confidence of the public. Last week British publishers were squeezed in all three directions.

Newsprint. The pre-war price of newsprint in Great Britain was £11 55 a ton. Immediately after war began it jumped to £17. Last week, at £21 108 ($86), newsprint's...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!