{"id":359,"date":"2002-02-12T00:00:00","date_gmt":"2002-02-12T00:00:00","guid":{"rendered":"https:\/\/pressflex.com\/blog\/frcircstudy\/"},"modified":"2002-02-12T00:00:00","modified_gmt":"2002-02-12T00:00:00","slug":"frcircstudy","status":"publish","type":"post","link":"https:\/\/pressflex.com\/blog\/frcircstudy\/","title":{"rendered":"frcircstudy"},"content":{"rendered":"<p><html xmlns:v=\"urn:schemas-microsoft-com:vml\"\nxmlns:o=\"urn:schemas-microsoft-com:office:office\"\nxmlns:w=\"urn:schemas-microsoft-com:office:word\"\nxmlns=\"http:\/\/www.w3.org\/TR\/REC-html40\"><\/p>\n<p><head><br \/>\n<meta http-equiv=Content-Type content=\"text\/html; charset=windows-1250\"><br \/>\n<meta name=ProgId content=Word.Document><br \/>\n<meta name=Generator content=\"Microsoft Word 9\"><br \/>\n<meta name=Originator content=\"Microsoft Word 9\">\n<link rel=File-List href=\".\/FrenchCirculationStudy_files\/filelist.xml\">\n<title>Cannibalization? 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Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\nspan.MsoFootnoteReference\n\t{vertical-align:super;}\np.MsoEndnoteText, li.MsoEndnoteText, div.MsoEndnoteText\n\t{margin:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:10.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoToa, li.MsoToa, div.MsoToa\n\t{mso-style-next:Normal;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:12.0pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-12.0pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoMacroText, li.MsoMacroText, div.MsoMacroText\n\t{mso-style-parent:\"\";\n\tmargin:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\ttab-stops:24.0pt 48.0pt 72.0pt 96.0pt 120.0pt 144.0pt 168.0pt 192.0pt 216.0pt;\n\tfont-size:10.0pt;\n\tfont-family:\"Courier New\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoToaHeading, li.MsoToaHeading, div.MsoToaHeading\n\t{mso-style-next:Normal;\n\tmargin-top:6.0pt;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:Arial;\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;\n\tfont-weight:bold;}\np.MsoList, li.MsoList, div.MsoList\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:14.15pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListBullet, li.MsoListBullet, div.MsoListBullet\n\t{mso-style-update:auto;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:18.0pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l9 level1 lfo9;\n\ttab-stops:list 18.0pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListNumber, li.MsoListNumber, div.MsoListNumber\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:18.0pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l8 level1 lfo14;\n\ttab-stops:list 18.0pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoList2, li.MsoList2, div.MsoList2\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:28.3pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoList3, li.MsoList3, div.MsoList3\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:42.45pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoList4, li.MsoList4, div.MsoList4\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:56.6pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoList5, li.MsoList5, div.MsoList5\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:70.75pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListBullet2, li.MsoListBullet2, div.MsoListBullet2\n\t{mso-style-update:auto;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:32.15pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l7 level1 lfo10;\n\ttab-stops:list 32.15pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListBullet3, li.MsoListBullet3, div.MsoListBullet3\n\t{mso-style-update:auto;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:46.3pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l6 level1 lfo11;\n\ttab-stops:list 46.3pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListBullet4, li.MsoListBullet4, div.MsoListBullet4\n\t{mso-style-update:auto;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:60.45pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l5 level1 lfo12;\n\ttab-stops:list 60.45pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListBullet5, li.MsoListBullet5, div.MsoListBullet5\n\t{mso-style-update:auto;\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:74.6pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l4 level1 lfo13;\n\ttab-stops:list 74.6pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListNumber2, li.MsoListNumber2, div.MsoListNumber2\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:32.15pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l3 level1 lfo15;\n\ttab-stops:list 32.15pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListNumber3, li.MsoListNumber3, div.MsoListNumber3\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:46.3pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l2 level1 lfo16;\n\ttab-stops:list 46.3pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListNumber4, li.MsoListNumber4, div.MsoListNumber4\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:60.45pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l1 level1 lfo17;\n\ttab-stops:list 60.45pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListNumber5, li.MsoListNumber5, div.MsoListNumber5\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:74.6pt;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-18.0pt;\n\tmso-pagination:widow-orphan;\n\tmso-list:l0 level1 lfo18;\n\ttab-stops:list 74.6pt;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoTitle, li.MsoTitle, div.MsoTitle\n\t{margin-top:12.0pt;\n\tmargin-right:0cm;\n\tmargin-bottom:3.0pt;\n\tmargin-left:0cm;\n\ttext-align:center;\n\tmso-pagination:widow-orphan;\n\tmso-outline-level:1;\n\tfont-size:16.0pt;\n\tfont-family:Arial;\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-font-kerning:14.0pt;\n\tmso-ansi-language:EN-GB;\n\tfont-weight:bold;}\np.MsoClosing, li.MsoClosing, div.MsoClosing\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:212.6pt;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoSignature, li.MsoSignature, div.MsoSignature\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:212.6pt;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyText, li.MsoBodyText, div.MsoBodyText\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:0cm;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyTextIndent, li.MsoBodyTextIndent, div.MsoBodyTextIndent\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:36.0pt;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListContinue, li.MsoListContinue, div.MsoListContinue\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListContinue2, li.MsoListContinue2, div.MsoListContinue2\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:28.3pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListContinue3, li.MsoListContinue3, div.MsoListContinue3\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:42.45pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListContinue4, li.MsoListContinue4, div.MsoListContinue4\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:56.6pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoListContinue5, li.MsoListContinue5, div.MsoListContinue5\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:70.75pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoMessageHeader, li.MsoMessageHeader, div.MsoMessageHeader\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:0cm;\n\tmargin-left:2.0cm;\n\tmargin-bottom:.0001pt;\n\ttext-indent:-2.0cm;\n\tmso-pagination:widow-orphan;\n\tbackground:#CCCCCC;\n\tmso-shading:windowtext;\n\tmso-pattern:gray-20 auto;\n\tborder:none;\n\tmso-border-alt:solid windowtext .75pt;\n\tpadding:0cm;\n\tmso-padding-alt:1.0pt 1.0pt 1.0pt 1.0pt;\n\tfont-size:12.0pt;\n\tfont-family:Arial;\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoSubtitle, li.MsoSubtitle, div.MsoSubtitle\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:3.0pt;\n\tmargin-left:0cm;\n\ttext-align:center;\n\tmso-pagination:widow-orphan;\n\tmso-outline-level:2;\n\tfont-size:12.0pt;\n\tfont-family:Arial;\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoSalutation, li.MsoSalutation, div.MsoSalutation\n\t{mso-style-next:Normal;\n\tmargin:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoDate, li.MsoDate, div.MsoDate\n\t{mso-style-next:Normal;\n\tmargin:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyTextFirstIndent, li.MsoBodyTextFirstIndent, div.MsoBodyTextFirstIndent\n\t{mso-style-parent:\"Body Text\";\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:0cm;\n\ttext-indent:10.5pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyTextFirstIndent2, li.MsoBodyTextFirstIndent2, div.MsoBodyTextFirstIndent2\n\t{mso-style-parent:\"Body Text Indent\";\n\tmargin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:14.15pt;\n\ttext-indent:10.5pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoNoteHeading, li.MsoNoteHeading, div.MsoNoteHeading\n\t{mso-style-next:Normal;\n\tmargin:0cm;\n\tmargin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyText2, li.MsoBodyText2, div.MsoBodyText2\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:0cm;\n\tline-height:200%;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyText3, li.MsoBodyText3, div.MsoBodyText3\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:0cm;\n\tmso-pagination:widow-orphan;\n\tfont-size:8.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyTextIndent2, li.MsoBodyTextIndent2, div.MsoBodyTextIndent2\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:14.15pt;\n\tline-height:200%;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBodyTextIndent3, li.MsoBodyTextIndent3, div.MsoBodyTextIndent3\n\t{margin-top:0cm;\n\tmargin-right:0cm;\n\tmargin-bottom:6.0pt;\n\tmargin-left:14.15pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:8.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New Roman\";\n\tcolor:windowtext;\n\tmso-ansi-language:EN-GB;}\np.MsoBlockText, li.MsoBlockText, div.MsoBlockText\n\t{margin-top:0cm;\n\tmargin-right:72.0pt;\n\tmargin-bottom:6.0pt;\n\tmargin-left:72.0pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-fareast-font-family:\"Times New 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67698689 67698691 67698693;}\n@list l16:level1\n\t{mso-level-number-format:bullet;\n\tmso-level-text:\\F0B7;\n\tmso-level-tab-stop:36.0pt;\n\tmso-level-number-position:left;\n\ttext-indent:-18.0pt;\n\tfont-family:Symbol;}\n@list l17\n\t{mso-list-id:2000384429;\n\tmso-list-type:hybrid;\n\tmso-list-template-ids:1021066348 67698705 67698713 67698715 67698703 67698713 67698715 67698703 67698713 67698715;}\n@list l17:level1\n\t{mso-level-text:\"%1\\)\";\n\tmso-level-tab-stop:36.0pt;\n\tmso-level-number-position:left;\n\ttext-indent:-18.0pt;}\nol\n\t{margin-bottom:0cm;}\nul\n\t{margin-bottom:0cm;}\n-->\n<\/style>\n<p><!--[if gte mso 9]><xml>\n <o:shapedefaults v:ext=\"edit\" spidmax=\"2050\"\/>\n<\/xml><![endif]--><!--[if gte mso 9]><xml>\n <o:shapelayout v:ext=\"edit\">\n  <o:idmap v:ext=\"edit\" data=\"1\"\/>\n <\/o:shapelayout><\/xml><![endif]--><br \/>\n<\/head><\/p>\n<p><body lang=EN-GB link=blue vlink=purple style='tab-interval:36.0pt'><\/p>\n<div class=Section1>\n<p class=MsoFooter style='tab-stops:36.0pt'><span lang=EN-US style='mso-ansi-language:\nEN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><!--[if supportFields]><span\nlang=EN-US style='mso-ansi-language:EN-US'><span style='mso-element:field-begin'><\/span><span\nstyle=\"mso-spacerun: yes\">\u00a0<\/span>TOC \\o &quot;1-3&quot; \\h \\z <span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nclass=MsoHyperlink><a href=\"#_Toc1029873\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Overview<\/span><span style='color:windowtext;display:none;mso-hide:screen;\ntext-decoration:none;text-underline:none'><span style='mso-tab-count:1 dotted'>.. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029873 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>3<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800370033000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029874\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Summary numbers<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029874 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>3<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800370034000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029876\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Analysis: how does a web site help print circulation?<\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029876 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>3<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800370036000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029877\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Daily newspaper circulation performance 1999-2001<\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029877 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>5<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800370037000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029879\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Weekly newspaper circulation performance 1999-2001<\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029879 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>6<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800370039000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029881\">Context: French Internet usage<span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029881 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>6<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380031000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029882\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Conventional wisdom<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-tab-count:1 dotted'>.. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029882 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>6<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380032000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029883\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Online features and circulation<\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029883 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>6<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380033000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029884\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Methodology<\/span><span style='color:windowtext;display:none;mso-hide:\nscreen;text-decoration:none;text-underline:none'><span style='mso-tab-count:\n1 dotted'>. <\/span><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-begin'><\/span><\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'> PAGEREF\n_Toc1029884 \\h <\/span><span style='color:windowtext;display:none;mso-hide:screen;\ntext-decoration:none;text-underline:none'><span style='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>7<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380034000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029885\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>Conclusion<\/span><span style='color:windowtext;display:none;mso-hide:\nscreen;text-decoration:none;text-underline:none'><span style='mso-tab-count:\n1 dotted'>. <\/span><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-begin'><\/span><\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'> PAGEREF\n_Toc1029885 \\h <\/span><span style='color:windowtext;display:none;mso-hide:screen;\ntext-decoration:none;text-underline:none'><span style='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>7<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380035000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoToc2 style='tab-stops:right dotted 453.1pt'><span\nclass=MsoHyperlink><a href=\"#_Toc1029886\"><span lang=EN-US style='mso-ansi-language:\nEN-US'>About Pressflex<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-tab-count:1 dotted'>. <\/span><\/span><!--[if supportFields]><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'><span style='mso-element:field-begin'><\/span><\/span><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'> PAGEREF _Toc1029886 \\h <\/span><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-separator'><\/span><\/span><![endif]--><span\nstyle='color:windowtext;display:none;mso-hide:screen;text-decoration:none;\ntext-underline:none'>7<\/span><span style='color:windowtext;display:none;\nmso-hide:screen;text-decoration:none;text-underline:none'><!--[if gte mso 9]><xml>\n <w:data>08D0C9EA79F9BACE118C8200AA004BA90B02000000080000000C0000005F0054006F00630031003000320039003800380036000000<\/w:data>\n<\/xml><![endif]--><\/span><!--[if supportFields]><span style='color:windowtext;\ndisplay:none;mso-hide:screen;text-decoration:none;text-underline:none'><span\nstyle='mso-element:field-end'><\/span><\/span><![endif]--><\/a><\/span><o:p><\/o:p><\/p>\n<p class=MsoNormal><!--[if supportFields]><span lang=EN-US style='mso-ansi-language:\nEN-US'><span style='mso-element:field-end'><\/span><\/span><![endif]--><span\nlang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p><span lang=EN-US style='font-size:12.0pt;font-family:\"Times New Roman\";\nmso-fareast-font-family:\"Times New Roman\";mso-ansi-language:EN-US;mso-fareast-language:\nEN-US;mso-bidi-language:AR-SA'><br clear=all style='mso-special-character:line-break;\npage-break-before:always'><br \/>\n<\/span><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span lang=EN-US\nstyle='mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029873\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Overview<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The world\u2019s<br \/>\nfirst countrywide survey shows that local newspapers with websites have healthier<br \/>\nprint circulations than papers without sites. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>While<br \/>\nconventional wisdom suggests that newspaper web sites cannibalize print<br \/>\ncirculation, the analysis of circulation at 236 French newspapers shows no such<br \/>\neffect. In fact, the typical French newspaper with a web site outperformed its<br \/>\nsiteless peers between 1999 and 2001, a period in which French Internet usage<br \/>\nsoared.<span style=\"mso-spacerun: yes\">\u00a0 <\/span><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The French<br \/>\nfigures validate previous US newspaper readership surveys that have suggested<br \/>\nthat newspaper web sites generate significant marketing benefits. The<br \/>\nmarket-wide analysis means that publishers with weak circulation can cross the<br \/>\nInternet off their list of suspected culprits. <o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029874\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Summary numbers<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The 236<br \/>\nnewspapers, all members of the French circulation audit association Diffusion<br \/>\nContr\u00f4le (<a href=\"http:\/\/www.ojd.com\/\">www.ojd.com<\/a> ) recently released<br \/>\ntheir circulation results for the first half of 2001.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Between<br \/>\n1999 and 2001, the average French regional daily newspaper without a web site<br \/>\nlost 0.88% of its circulation. Newspapers with web sites did better than that,<br \/>\nlosing just 0.27% of their circulation over the same period.<span\nstyle=\"mso-spacerun: yes\">\u00a0 <\/span><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The average<br \/>\nweekly newspapers in France with a web site increased its circulation by 1.2%<br \/>\nin the 1999-2001 period, versus an increase of 0.96% for the average weekly<br \/>\nwithout a web site. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h3><a name=\"_Toc1029875\"><span lang=EN-US>Table 1: Average newspaper<br \/>\ncirculation changes (=median)<\/span><\/a><span lang=EN-US><o:p><\/o:p><\/span><\/h3>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<table  class=\" table table-hover\" border=0 cellspacing=0 cellpadding=0 width=237 style='width:142.0pt;\n border-collapse:collapse;mso-padding-alt:0cm 0cm 0cm 0cm'><\/p>\n<tr style='height:12.75pt'>\n<td width=118 nowrap valign=bottom style='width:71.0pt;border-top:none;\n  border-left:none;border-bottom:solid windowtext .5pt;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>&nbsp;<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;border:none;\n  border-bottom:solid windowtext .5pt;padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>1999-2001<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:12.75pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Dailies<br \/>\n  with sites<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:12.75pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0,27%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:12.75pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Dailies<br \/>\n  without sites<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:12.75pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0,88%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:12.75pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Weeklies<br \/>\n  with sites<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:12.75pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1,20%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:12.75pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:12.75pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Weeklies<br \/>\n  without sites<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:12.75pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0,96%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029876\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Analysis: how does a web site help print<br \/>\ncirculation?<\/span><\/a><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:42.0pt;text-indent:-18.0pt;mso-list:l12 level1 lfo4;\ntab-stops:list 42.0pt'><![if !supportLists]><i><span lang=EN-US\nstyle='mso-ansi-language:EN-US'>1.<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/i><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>The<br \/>\nweb taps potential readers untouched by traditional print sales channels. <o:p><\/o:p><\/span><\/i><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:78.0pt;text-indent:-18.0pt;mso-list:l12 level2 lfo4;\ntab-stops:list 78.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nSymbol;mso-ansi-language:EN-US'>\u00b7<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><span lang=EN-US style='mso-ansi-language:EN-US'>Demographics:<br \/>\nThe typical web reader in Europe is still young, urban and tech savvy \u2013 and as<br \/>\nsuch is currently less likely to read the printed edition of the newspaper.<br \/>\nThis \u201calternative\u201d audience is not attached to the newspaper, but finds<br \/>\narticles via search engines when looking for news on a particular topic. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:24.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:78.0pt;text-indent:-18.0pt;mso-list:l12 level2 lfo4;\ntab-stops:list 78.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nSymbol;mso-ansi-language:EN-US'>\u00b7<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><span lang=EN-US style='mso-ansi-language:EN-US'>Geography:<br \/>\nA substantial flow of readers comes from outside the printed paper\u2019s traditional<br \/>\ncirculation area \u2013 from another part of the country or from abroad. While this<br \/>\nlatter trend is the most significant for English language papers, French<br \/>\nnewspapers using Pressflex\u2019s web publishing service receive to 25% to 40% of<br \/>\ntheir traffic from outside the country. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:42.0pt;text-indent:-18.0pt;mso-list:l12 level1 lfo4;\ntab-stops:list 42.0pt'><![if !supportLists]><i><span lang=EN-US\nstyle='mso-ansi-language:EN-US'>2.<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/i><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>Web<br \/>\nsites provide substantial marketing benefits that overwhelm any print<br \/>\ndefections. <o:p><\/o:p><\/span><\/i><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:36.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'>A newspaper\u2019s web site, filled with content,<br \/>\ncan become a magnet for new visitors, effectively doubling the paper\u2019s reach. A<br \/>\nfully indexed web site of a small newspaper with a circulation of 10,000 copies<br \/>\ncan bring the paper an additional 10,000 web visitors a month.<span\nstyle=\"mso-spacerun: yes\">\u00a0 <\/span>Traffic sources include:<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:72.0pt;text-indent:-18.0pt;mso-list:l15 level1 lfo7;\ntab-stops:list 72.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nWingdings;mso-ansi-language:EN-US'>&Oslash;<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>Search<br \/>\nengines<\/span><\/i><span lang=EN-US style='mso-ansi-language:EN-US'>: A weekly<br \/>\nwith only 10,000 in print circulation can win 3,500 referrals from search<br \/>\nengines each month.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:72.0pt;text-indent:-18.0pt;mso-list:l15 level1 lfo7;\ntab-stops:list 72.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nWingdings;mso-ansi-language:EN-US'>&Oslash;<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>Links<br \/>\nfrom other sites<\/span><\/i><span lang=EN-US style='mso-ansi-language:EN-US'>:<span\nstyle=\"mso-spacerun: yes\">\u00a0 <\/span>Links to articles on a news site can provide<br \/>\nfree marketing, with small weeklies gaining up to 1,000 such visitors a month.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:36.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:72.0pt;text-indent:-18.0pt;mso-list:l15 level1 lfo7;\ntab-stops:list 72.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nWingdings;mso-ansi-language:EN-US'>&Oslash;<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>Web<br \/>\naddress publicity<\/span><\/i><span lang=EN-US style='mso-ansi-language:EN-US'>:<br \/>\nA newspaper\u2019s web address (www.papername.com) is easily promoted on billboards,<br \/>\nbumper stickers, posters, and provides an easy point of access for newcomers to<br \/>\nthe community. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:72.0pt;text-indent:-18.0pt;mso-list:l15 level1 lfo7;\ntab-stops:list 72.0pt'><![if !supportLists]><span lang=EN-US style='font-family:\nWingdings;mso-ansi-language:EN-US'>&Oslash;<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><![endif]><i><span lang=EN-US style='mso-ansi-language:EN-US'>Scoops<\/span><\/i><span\nlang=EN-US style='mso-ansi-language:EN-US'>: Beating competitors with online<br \/>\nsummaries of breaking news items can boost the brand name of a weekly paper and<br \/>\nincrease its exposure.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:36.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'>As a magnet for new prospective readers, the<br \/>\nsite can become a new point of sale for the newspaper\u2019s current subscriptions,<br \/>\nspecial publications and prior issues.<span style=\"mso-spacerun: yes\">\u00a0<br \/>\n<\/span>The significance of this revenue stream is expected to increase as<br \/>\nmicropayment technology becomes mainstream, Internet users become more<br \/>\ncomfortable making online payments, and<span style=\"mso-spacerun: yes\">\u00a0<br \/>\n<\/span>the euro makes cross-border shopping more popular in Europe.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:36.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='margin-left:36.0pt'><span lang=EN-US\nstyle='mso-ansi-language:EN-US'>However, much still remains to be done to<br \/>\nextract the full marketing potential of web sites, even in the U.S. An August<br \/>\n2001 study by the Finberg-Gentry, Digital Fruit Consultancy found that more<br \/>\nthan half of 100 American newspaper web sites surveyed bury the subscription<br \/>\nlink on their sites if they have it at all. <a style='mso-footnote-id:ftn1'\nhref=\"#_ftn1\" name=\"_ftnref1\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[1]<![endif]><\/span><\/span><\/a><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/p>\n<p class=MsoNormal style='margin-left:42.0pt;text-indent:-18.0pt;mso-list:l12 level1 lfo4;\ntab-stops:list 42.0pt'><![if !supportLists]><i>3.<span style='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/i><![endif]><i>News consumption is habit-forming.<o:p><\/o:p><\/i><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/p>\n<p class=MsoBodyTextIndent>A newspaper site\u2019s contribution to its community\u2019s<br \/>\n\u201cnews culture\u201d increases the likelihood that people will buy a paper. <span\nlang=EN-US style='mso-ansi-language:EN-US'>A web site with forums,<br \/>\nquestionnaires, polls or even just an e-mail address can connect with the<br \/>\nreader in new ways. Interactivity brings feedback, story ideas, letters to the<br \/>\neditor, and local \u201cbuzz,\u201d but also a higher level of engagement and loyalty<br \/>\nfrom print readers. <\/span>A U.S. survey<a style='mso-footnote-id:ftn2'\nhref=\"#_ftn2\" name=\"_ftnref2\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[2]<![endif]><\/span><\/span><\/a><br \/>\nlast year of 15,657 visitors to eight newspaper-affiliated Web sites found<br \/>\nthat:<\/p>\n<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nmargin-left:72.0pt;text-indent:-18.0pt;mso-list:l14 level1 lfo8;tab-stops:list 72.0pt'><![if !supportLists]><span\nstyle='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol'>\u00b7<span\nstyle='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><![endif]>Among<br \/>\nsite visitors who read the print edition, 7 percent began their subscriptions<br \/>\nafter first visiting the site. That&#8217;s a net gain of 3 percentage points when<br \/>\ncompared to the 4 percent of combined print-online readers who ended their<br \/>\nprint subscriptions.<span style=\"mso-spacerun: yes\">\u00a0 <\/span><\/p>\n<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nmargin-left:72.0pt;text-indent:-18.0pt;mso-list:l14 level1 lfo8;tab-stops:list 72.0pt'><![if !supportLists]><span\nstyle='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol'>\u00b7<span\nstyle='font:7.0pt \"Times New Roman\"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><![endif]>Single<br \/>\ncopy purchases faired even better, showing a net gain of 8 percentage points.<br \/>\nReadership, rather than circulation, was the biggest winner, with a net of one<br \/>\nin five in the combined print-online audience reporting that they were reading<br \/>\nthe print edition more since becoming visitors to the Web site.<\/p>\n<p class=MsoNormal align=right style='mso-margin-top-alt:auto;mso-margin-bottom-alt:\nauto;margin-left:72.0pt;text-align:right'><span style='font-size:10.0pt;\nmso-bidi-font-size:12.0pt'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal style='text-indent:36.0pt'><i>4. Readers prefer paper to<br \/>\npixels <o:p><\/o:p><\/i><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/p>\n<p class=MsoBodyTextIndent><span lang=EN-US style='mso-ansi-language:EN-US'>For<br \/>\nmost readers, the online experience is sufficiently different from print<br \/>\nreading that web browsing is not a \u201creplacement\u201d for reading newsprint but<br \/>\nrather a supplement. According to a 2000 study by the Newspaper Association of<br \/>\nAmerica, print newspapers are preferred over online for their ease of use.<a\nstyle='mso-footnote-id:ftn3' href=\"#_ftn3\" name=\"_ftnref3\" title=\"\"><span\nclass=MsoFootnoteReference><span style='mso-special-character:footnote'><![if !supportFootnotes]>[3]<![endif]><\/span><\/span><\/a><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029877\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Daily newspaper circulation performance<br \/>\n1999-2001<\/span><\/a><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Conventional<br \/>\nwisdom notwithstanding, France\u2019s 27 regional daily newspapers with web sites<br \/>\ndid better in the past two years than their 30 peers without web sites.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Regional<br \/>\ndaily newspapers without sites on average<a style='mso-footnote-id:ftn4'\nhref=\"#_ftn4\" name=\"_ftnref4\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[4]<![endif]><\/span><\/span><\/a><br \/>\nlost 1.5% of their circulation over the past two years. Newspapers with web<br \/>\nsites did better than that, losing just 0.77% of their circulation between 1999<br \/>\nand 2001.<span style=\"mso-spacerun: yes\">\u00a0 <\/span><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Considering<br \/>\nhow the \u201caverage newspaper\u201d fared, by calculating the statistical median of the<br \/>\ndata, yields similar results. (Medians eliminate the effect of extreme cases<br \/>\nand thus better reflect what happened to a typical group member.) Last year,<br \/>\nfor instance, the circulation of the average daily paper with a site grew 0.25%<br \/>\nversus 0.14% for the average daily paper without a site.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h3><a name=\"_Toc1029878\"><span lang=EN-US>Table 2: Daily newspaper circulation<br \/>\nchanges<\/span><\/a><span lang=EN-US><o:p><\/o:p><\/span><\/h3>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<table  class=\" table table-hover\" border=0 cellspacing=0 cellpadding=0 width=828 style='width:497.0pt;\n border-collapse:collapse;mso-padding-alt:0cm 0cm 0cm 0cm'><\/p>\n<tr style='height:15.0pt'>\n<td width=118 nowrap valign=bottom style='width:71.0pt;border:none;\n  border-right:solid windowtext .5pt;padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>&nbsp;<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>1999-2000<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>2000-2001<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>1999-2001<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border-top:none;border-left:none;border-bottom:\n  solid windowtext .5pt;border-right:solid windowtext .5pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>&nbsp;<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Dailies<br \/>\n  with site<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.87%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.28%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.20%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.25%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.77%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.27%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Dailies<br \/>\n  without site<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-1.56%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-1.12%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.14%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.14%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-1.50%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.88%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>All<br \/>\n  papers<\/span><span style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\n  \"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-1.18%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.65%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.02%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.19%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-1.15%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.68%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029879\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Weekly newspaper circulation performance<br \/>\n1999-2001<\/span><\/a><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Of France\u2019s<br \/>\n179 audited weekly papers, just 19 have web sites. Weekly newspapers with sites<br \/>\nincreased their circulation less than their peers without web sites over the<br \/>\npast two years \u2013 an average increase of 0.81% versus 1.34% since 1999, but<br \/>\nincreased their circulation more than their siteless peers between 2000 and<br \/>\n2001: 1.12% versus 1.01%. The average newspaper with a site, in terms of the<br \/>\nmedian, outperformed its counterpart without a web site in both periods:<br \/>\ngrowing 1.20% in circulation versus 0.96% for papers with no sites over the<br \/>\nlast two years.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h3><a name=\"_Toc1029880\"><span lang=EN-US>Table 3: Weekly newspaper<br \/>\ncirculation changes<\/span><\/a><span lang=EN-US><o:p><\/o:p><\/span><\/h3>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<table  class=\" table table-hover\" border=0 cellspacing=0 cellpadding=0 width=828 style='width:497.0pt;\n border-collapse:collapse;mso-padding-alt:0cm 0cm 0cm 0cm'><\/p>\n<tr style='height:15.0pt'>\n<td width=118 nowrap valign=bottom style='width:71.0pt;border:none;\n  border-right:solid windowtext .5pt;padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>&nbsp;<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>1999-2000<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>2000-2001<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>1999-2001<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td width=118 nowrap valign=bottom style='width:71.0pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><![if !supportEmptyParas]>&nbsp;<![endif]><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border-top:none;border-left:none;border-bottom:\n  solid windowtext .5pt;border-right:solid windowtext .5pt;padding:0cm 0cm 0cm 0cm;\n  height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>&nbsp;<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Average<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='border:none;border-bottom:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Median<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Weeklies<br \/>\n  with sites<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>-0.18%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.01%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.08%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.12%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.81%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.20%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>Weeklies<br \/>\n  without site<\/span><span style='font-size:10.0pt;font-family:Garamond;\n  mso-fareast-font-family:\"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.06%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.05%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.99%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.01%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.34%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.96%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style='height:15.0pt'>\n<td nowrap valign=bottom style='border:none;border-right:solid windowtext .5pt;\n  padding:0cm 0cm 0cm 0cm;height:15.0pt'><\/p>\n<p class=MsoNormal><span style='font-size:10.0pt;font-family:Garamond'>All<br \/>\n  weeklies<\/span><span style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\n  \"Arial Unicode MS\";mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.04%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>0.05%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.00%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.02%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.24%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<td nowrap valign=bottom style='padding:0cm 0cm 0cm 0cm;height:15.0pt'>\n<p class=MsoNormal align=right style='text-align:right'><span\n  style='font-size:10.0pt;font-family:Garamond'>1.01%<\/span><span\n  style='font-size:10.0pt;font-family:Garamond;mso-fareast-font-family:\"Arial Unicode MS\";\n  mso-bidi-font-family:\"Arial Unicode MS\"'><o:p><\/o:p><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029881\"><span style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt'>Context: French Internet usage<\/span><\/a><span style='font-size:12.0pt;\nmso-bidi-font-size:14.0pt'> <o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Although<br \/>\nFrench Internet usage significantly lagged countries like the UK and Germany in<br \/>\nthe 1990s because of high telephone rates and low PC usage, French Internet<br \/>\nusage accelerated in 2000 and has continued to rise. According to market<br \/>\nresearch firm Netvalue, the number of people in France with home Internet<br \/>\naccess rose from 5.8 million in July 2000 (10% of population) to 10 million<br \/>\n(16%) by September 2001. (Comparable Netvalue statistics for the UK are 16% and<br \/>\n26%.) <a style='mso-footnote-id:ftn5' href=\"#_ftn5\" name=\"_ftnref5\" title=\"\"><span\nclass=MsoFootnoteReference><span style='mso-special-character:footnote'><![if !supportFootnotes]>[5]<![endif]><\/span><\/span><\/a><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029882\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Conventional wisdom<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Many<br \/>\npublishers instinctively see a web site as a competitor to the print edition.<br \/>\nWhy would readers pay for news if they can get if for free?<span\nstyle=\"mso-spacerun: yes\">\u00a0 <\/span><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Internet<br \/>\nresearch firms have stoked these fears: a 1997 study by Forrester Research<br \/>\nprojected that by 2001 newspapers would lose up to 14% of their circulation to<br \/>\nthe web.<a style='mso-footnote-id:ftn6' href=\"#_ftn6\" name=\"_ftnref6\" title=\"\"><span\nclass=MsoFootnoteReference><span style='mso-special-character:footnote'><![if !supportFootnotes]>[6]<![endif]><\/span><\/span><\/a><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>And when<br \/>\nPCM Utigevers, the largest Dutch newspaper group, drastically cut its online<br \/>\noperations in September 2001, it blamed the sites of its five national<br \/>\nbroadsheets for cannibalizing print subscriptions.<a style='mso-footnote-id:\nftn7' href=\"#_ftn7\" name=\"_ftnref7\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[7]<![endif]><\/span><\/span><\/a><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029883\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Online features and circulation<\/span><\/a><span\nlang=EN-US style='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:\nEN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Do<br \/>\nparticular web site features help or hurt print circulation?<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The number<br \/>\nof articles included on the site, searchable archives, polls, forums or e-mail<br \/>\nnewsletters on the web site does not show any correlation to changes in print<br \/>\ncirculation. The only feature with a possible impact on circulation growth is a<br \/>\nprint subscription form online.<span style=\"mso-spacerun: yes\">\u00a0 <\/span><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Eight of<br \/>\nthe 19 regional dailies with web sites included a print subscription form on<br \/>\ntheir sites. These papers did slightly better than papers with no sites or<br \/>\npapers with web sites but no subscription form. The eight dailies saw their<br \/>\ncirculation over the last two years drop by just 0.09% on average, versus an<br \/>\nindustry average of a 0.96% decline. Weeklies with a subscription feature on<br \/>\ntheir site increased circulation by 1.36% over the same period \u2013 more than<br \/>\npapers without sites or papers with sites but no online subscription form. <o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>Unfortunately<br \/>\nfor newspaper publishers, the data also indicate that for newspapers the web is<br \/>\nnot yet as important a marketing tool as for magazines \u2013 where web sites<br \/>\nstrongly contribute to print sales.<a style='mso-footnote-id:ftn8' href=\"#_ftn8\"\nname=\"_ftnref8\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[8]<![endif]><\/span><\/span><\/a><br \/>\n<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029884\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Methodology<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>The 57<br \/>\nFrench daily and 179 weekly newspapers, all members of the French circulation<br \/>\naudit association Diffusion Contr\u00f4le, recently published their circulation<br \/>\nresults for the first half of 2001.<a style='mso-footnote-id:ftn9' href=\"#_ftn9\"\nname=\"_ftnref9\" title=\"\"><span class=MsoFootnoteReference><span\nstyle='mso-special-character:footnote'><![if !supportFootnotes]>[9]<![endif]><\/span><\/span><\/a><br \/>\n<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>After<br \/>\ncalculating the circulation changes for each newspaper between 1999 and 2000<br \/>\nand between 2000 and 2001, Pressflex compared the performance of papers with<br \/>\nsites to those without sites. To evaluate the effect of various online features<br \/>\non circulation, Pressflex also correlated the performance of sites relative to<br \/>\nthe amount of content online and features such as a poll, a forum, an e-mail<br \/>\nnewsletter and a print subscription form.<o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'>For the<br \/>\npurposes of this analysis, the Sunday editions and\/or various zoned editions of<br \/>\na daily newspaper were not counted.<span style=\"mso-spacerun: yes\">\u00a0<br \/>\n<\/span>Also, when Diffusion Contr\u00f4le tracked the total circulation of a group<br \/>\nas well as the circulation of the group\u2019s individual titles, only the<br \/>\ncirculation of the members was taken into consideration. Newspapers whose web<br \/>\nsite consisted of only a single page with contact information were counted as<br \/>\npapers without sites.<o:p><\/o:p><\/span><\/p>\n<h2><a name=\"_Toc1029885\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>Conclusion<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/h2>\n<p class=MsoNormal><span lang=EN-US style='mso-ansi-language:EN-US'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><\/o:p><\/span><\/p>\n<p class=MsoFooter style='tab-stops:36.0pt'><span lang=EN-US style='mso-ansi-language:\nEN-US'>Online publishing poses no threat to a newspaper\u2019s print circulation and<br \/>\nmay offer significant advantages.<span style=\"mso-spacerun: yes\">\u00a0 <\/span>As<br \/>\ncommon sense suggests, the inclusion of a print subscription feature online further<br \/>\nboosts circulation performance\u2026 although too few paper\u2019s take advantage of this<br \/>\nobvious idea. <i><o:p><\/o:p><\/i><\/span><\/p>\n<h2><a name=\"_Toc1029886\"><span lang=EN-US style='font-size:12.0pt;mso-bidi-font-size:\n14.0pt;mso-ansi-language:EN-US'>About Pressflex<\/span><\/a><span lang=EN-US\nstyle='font-size:12.0pt;mso-bidi-font-size:14.0pt;mso-ansi-language:EN-US'> <o:p><\/o:p><\/span><\/h2>\n<p style='text-align:justify'><span lang=EN-US>Pressflex provides turnkey<br \/>\nsites, consulting and seminars to Europe\u2019s largest publishing groups. Based in<br \/>\nBudapest, Hungary, Pressflex serves clients in the UK, France, Switzerland,<br \/>\nHungary and the United States. <\/span><\/p>\n<p class=MsoNormal><i><span lang=EN-US style='mso-ansi-language:EN-US'>For<br \/>\nfurther information about this report as well as other research activities of<br \/>\nPressflex, please contact <a href=\"mailto:consulting@pressflex.com\">consulting@pressflex.com<\/a><br \/>\nor Miklos Gaspar at <\/span>+36 1 328 0602.<\/i><i><span lang=EN-US\nstyle='mso-ansi-language:EN-US'><o:p><\/o:p><\/span><\/i><\/p>\n<\/div>\n<div style='mso-element:footnote-list'><![if !supportFootnotes]><br clear=all><\/p>\n<hr align=left size=1 width=\"33%\">\n<p><![endif]><\/p>\n<div style='mso-element:footnote' id=ftn1>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn1' href=\"#_ftnref1\"\nname=\"_ftn1\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[1]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.naa.org\/TheDigitalEdge\/DigArtPage.cfm?AID=1915\">http:\/\/www.naa.org\/TheDigitalEdge\/DigArtPage.cfm?AID=1915<\/a>.<\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn2>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn2' href=\"#_ftnref2\"\nname=\"_ftn2\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[2]<![endif]><\/span><\/span><\/a> Report by <a\nhref=\"http:\/\/www.borrellassociates.com\" target=\"_blank\">Borrell &amp;<br \/>\nAssociates<\/a> based on data from research firm <a\nhref=\"http:\/\/www.beldenmai.com\/web\/index.html\" target=\"_blank\">Belden<br \/>\nAssociates<\/a> and underwritten in part by the Newspaper Association of<br \/>\nAmerica.<span style=\"mso-spacerun: yes\">\u00a0 <\/span><a\nhref=\"http:\/\/www.naa.org\/TheDigitalEdge\/DigArtPage.cfm?AID=2599\">http:\/\/www.naa.org\/TheDigitalEdge\/DigArtPage.cfm?AID=2599<\/a><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn3>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn3' href=\"#_ftnref3\"\nname=\"_ftn3\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[3]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.digitaledge.org\/monthly\/2000_01\/synergize.html\">http:\/\/www.digitaledge.org\/monthly\/2000_01\/synergize.html<\/a>.<span\nstyle=\"mso-spacerun: yes\">\u00a0\u00a0 <\/span><\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn4>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn4' href=\"#_ftnref4\"\nname=\"_ftn4\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[4]<![endif]><\/span><\/span><\/a> To exclude<br \/>\nanomalous data, the top and bottom 5% of newspapers have been left out in<br \/>\ncalculating the statistical mean (average) of newspaper circulation changes.<br \/>\nSince the statistical median already excludes extreme cases by returning the<br \/>\nmiddle value from among a set of numbers, the complete data set was used for<br \/>\nmedian calculations. <\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn5>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn5' href=\"#_ftnref5\"\nname=\"_ftn5\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[5]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.netvalue.com\/fr\/news\/index_frame.htm?fichier=sommaire.htm\">http:\/\/www.netvalue.com\/fr\/news\/index_frame.htm?fichier=sommaire.htm<\/a><\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn6>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn6' href=\"#_ftnref6\"\nname=\"_ftn6\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[6]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.nytimes.com\/library\/cyber\/week\/010697newspapers.html\">http:\/\/www.nytimes.com\/library\/cyber\/week\/010697newspapers.html<\/a><\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn7>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn7' href=\"#_ftnref7\"\nname=\"_ftn7\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[7]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.siliconvalley.com\/docs\/news\/tech\/060825.htm\">http:\/\/www.siliconvalley.com\/docs\/news\/tech\/060825.htm<\/a><\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn8>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn8' href=\"#_ftnref8\"\nname=\"_ftn8\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[8]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.pressflex.com\/news\/fullstory.php\/aid\/18.html\">http:\/\/www.pressflex.com\/news\/fullstory.php\/aid\/18.html<\/a><\/span><\/p>\n<\/div>\n<div style='mso-element:footnote' id=ftn9>\n<p class=MsoFootnoteText><a style='mso-footnote-id:ftn9' href=\"#_ftnref9\"\nname=\"_ftn9\" title=\"\"><span class=MsoFootnoteReference><span style='mso-special-character:\nfootnote'><![if !supportFootnotes]>[9]<![endif]><\/span><\/span><\/a> <span\nlang=EN-US style='mso-ansi-language:EN-US'><a\nhref=\"http:\/\/www.ojd.com\/gb\/chiffres\/chiffresgb.htm\">http:\/\/www.ojd.com\/gb\/basegb\/body_resSousCat.asp?cat=1&amp;catChoisi=QUOTIDIENS<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<p><\/body><\/p>\n<p><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannibalization? Au contraire! &nbsp; Overview.. 3 Summary numbers. 3 Analysis: how does a web site help print circulation?. 3 Daily newspaper circulation performance 1999-2001. 5 Weekly newspaper circulation performance 1999-2001. 6 Context: French Internet usage. 6 Conventional wisdom.. 6 Online features and circulation. 6 Methodology. 7 Conclusion. 7 About Pressflex. 7 &nbsp; &nbsp; Overview &nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-359","post","type-post","status-publish","format-standard","hentry","category-research"],"_links":{"self":[{"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/posts\/359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/comments?post=359"}],"version-history":[{"count":0,"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/posts\/359\/revisions"}],"wp:attachment":[{"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/media?parent=359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/categories?post=359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressflex.com\/blog\/wp-json\/wp\/v2\/tags?post=359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}