1. No category

Information About Investing in Newspaper® Market Report
Page 8
Buffalo, NY Market Newspaper Overview
Demographic and Economic Overview
1
Pop Rank #
HH Rank #
RS Rank #
TPI Rank #
Market Newspaper Financials
(000s, except Retail Sales and Total Pers. Inc. in $000,000s)
Growth
2008
2013 Rate
2013
Population
Households
Retail Sales
Tot. Pers. Inc.
54
52
61
55
1,600
-0.1%
1,600
1,596
-0.1%
663
19,277
56,556
658
19,336
59,425
-0.1%
0.1%
1.0%
658
19,336
59,425
672
20,249
63,551
0.4%
0.9%
1.4%
# Market
Counties
646 White
Black
10 Asian
2
(all figures in 000's)
Growth
2018
Rate
1,608
TV Households
Mkt Rank: 52
BIA Revenue Rank: 32
ESTIMATED
REVENUES
Advertising
Revenue
3
$34,706
Revenue/Retail Sales
Revenue/Capita
Revenue/Household
$ 37,133
4.3%
$7.99/1,000
Dailies
$96.57
$234.82
Sunday
Weeklies
4
|
|
|
|
|
|
|
|
|
|
|
|
147,900
21,500
14,700
14,000
11,200
10,700
10,000
8,300
8,200
5,000
3,900
1,800
57.5
8.4
5.7
5.4
4.4
4.2
3.9
3.2
3.2
1.9
1.5
0.7
Mkt Pene
5
22.5
3.3
2.2
2.1
1.7
1.6
1.5
1.3
1.2
0.8
0.6
0.3
Sunday
|
|
|
|
|
|
|
|
|
|
|
|
Mkt Share
e
D
D
D
D
D
D
D
D
D
D
D
D
Mkt Share
238,700
36.3
16,500
13,500
12,400
5.2
4.2
3.9
2.5
2.1
1.9
11,800
8,700
7,400
4,500
4,300
3.7
2.7
2.3
1.4
1.4
1.8
1.3
1.1
0.7
0.7
Total
Circulation
12
33
|
|
|
|
|
|
|
|
|
|
|
|
142,750
21,500
14,716
13,994
11,246
10,700
10,000
8,300
8,206
5,008
3,870
1,814
Total
Penetation
257,200
39.1
317,800
48.3
413,884
62.9
2013
Est Daily
Mkt Pene
75.1
pl
7
6
7
7
7
6
6
7
7
6
5
4
Daily
m
Buffalo News, The
Kane Republican, The
Post-Journal, The
Niagara Gazette
Olean Times-Herald
Bradford Era, The
Daily News, The
Evening Observer
Union-Sun & Journal
Tonawanda News
Daily Reporter & Sunday Spectator
Journal-Register, The
BIA/Kelsey Estimated Current Circulation
Sa
No. Days
Publish
$154,510
Number
Papers
Buffalo, NY Circulation Detail
Newspaper
Total
Revenue
$103,400
2013
$ 90,278
83.0% Avg Household
9.8% Per Capita
2.1% Hispanic Origin
Circulation
Revenue
2012
Est Sunday
Est Daily
227,395 |
16,484
13,496
12,438
11,800
8,691
7,439
4,487
4,300
|
|
|
|
|
|
|
|
|
|
|
150,553
21,500
14,767
13,994
11,246
10,700
10,000
8,178
8,206
5,008
3,870
1,814
Est Sunday
233,314
16,484
13,496
12,438
11,800
8,691
7,439
4,487
4,300
Investing In Newspaper® 2014. Copyright© BIA Advisory Services LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected]
Investing In Newspaper® 2014
Copyright © 2014 BIA Advisory Services, LLC. Unauthorized distribution prohibited. (703) 818-2425 www.biakelsey.com
Mkt Rank: 52
Newspaper Overview and Circulation Detail
1
Historic and Projected Market Indicators
This overview examines historical and projected growth trends for the following four indicators. The growth rate is the compound average annual rate for the
periods indicated. For comparison of each market’s growth rates with the entire
country, see the tables on page 6. This information is licensed from Woods & Poole
Economics, Inc. and is reprinted herein with their permission.
Market Population: Presented in thousands (000s) of people.
Market Households (HH): Presented in thousands (000s) of households.
Market Retail Sales (RS): Presented in hundreds of thousands ($000,000s) of dollars.
Market Total Personal Income (TPI): After tax disposable income available in the
market. Presented in hundreds of thousands ($000,000s) of dollars.
2
Market Rankings and Statistics
Pop Rank: The market’s ranking by total 2013 population.
HH Rank: The market’s ranking by total 2013 households.
RS Rank: The market’s ranking by total 2013 retail sales.
TPI Rank: The market’s ranking by total 2013 Total Peronsal Income available in
the market.
TV Households: The number of television households in the market presented in
thousands (000s).
Market Counties: The number of counties covered by the Market.
White: The percentage of Caucasian population in the market.
Black: The percentage of African-American population in the market.
Asian: The percentage of Asian population in the market.
Avg Household: The average 2013 household income in the market.
Per Capita: The average 2013 income per person in the market.
Hispanic Origin: The percentage of Hispanic residents in the market.
3
Market Newspaper Financials
4
Newspaper Rankings
Market accumulation of revenues of all newspapers for Circulation, Advertising, and
Total Revenues. Also gives accumulated Daily, Sunday and Weekly circulation totals
and total market penetration (percent of total households in the market).
Ratios: Current Newspaper market revenue to retail sales, revenue per capita, and
revenue per household are presented.
Newspapers are listed in descending order by Estimated Daily Circulation for the
Daily newspapers. If the total number of newspapers can fit on one page, the weekly
newspapers are also included on this page. The Weekly newspapers are listed alphabetically. The number of days per week the paper is published and the “D” (daily) or “W”
(weekly) indicator is listed.
5
BIA/KelseyEstimated Current Circulation
Current estimated Daily and Sunday circulation, market circulation share, and market
penetration (percent households).
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Page 9
Information About Investing in Newspaper® Market Report
Page 10
Buffalo, NY Financial and Owner Overview
Newspaper
Buffalo News, The
Kane Republican, The
Post-Journal, The
Niagara Gazette
Olean Times-Herald
Bradford Era, The
Daily News, The
Evening Observer
Union-Sun & Journal
Tonawanda News
Daily Reporter & Sunday Spectator
Journal-Register, The
7
City and State
7
No. Days
Publish
Buffalo, NY
Kane, PA
Jamestown, NY
Niagara Falls, NY
Olean, NY
Bradford, PA
Batavia, NY
Dunkirk, NY
Lockport, NY
North Tonawanda, NY
Wellsville, NY
Medina, NY
7
6
7
7
7
6
6
7
7
6
5
4
D
D
D
D
D
D
D
D
D
D
D
D
Est '13
Circ Rev
(000) 1/
Est '13
Ad Rev
(000) 1/
Est '13
Total Rev
(000) 1/
18,038
162
1,917
1,761
1,059
973
1,635
908
841
598
164
176
75,098
316
3,458
1,919
2,365
1,497
1,094
1,247
884
444
606
141
104,730
550
6,190
4,270
3,910
2,710
2,750
2,530
2,050
1,240
890
380
8
e
l
p
m
a
S
Daily Newspaper Name, City & State
Provides the newspaper’s name and the city and state in which it is located. Lists the
number of days published and the Daily (D) or Weekly (W) indicator.
8
Daily Newspaper Financial Information
9
Daily Newspaper Ownership Changes
Estimated Circulation Revenue: Presented in thousands ($000), BIA/Kelsey’s estimate
of revenue derived from newspaper circulation for the year indicated.
Estimated Advertising Revenue: Presented in thousands ($000), BIA/Kelsey’s estimate
of revenue derived from newspaper advertising for the year indicated.
Estimated Total Revenue: Presented in thousands ($000), BIA/Kelsey’s estimate
of total revenue derived from all sources for the year indicated. (NOTE: Includes
circulation, and advertising plus other miscellaneous revenue sources.)
Sales
Price
(000)
Date
Acq'd
g
0305
30,000 e
9703
9
Owner #
Papers
Owner
Berkshire Hathaway Inc
Horizon Publications 2003 Inc
Ogden Newspapers
Community Newspaper Holdings Inc
Bradford Publishing Company
Bradford Publishing Company
Johnson Newspaper Corp
Ogden Newspapers
Community Newspaper Holdings Inc
Community Newspaper Holdings Inc
GateHouse Media Inc
Community Newspaper Holdings Inc
10
9701
g
JOA
Mkt Rank: 52
0506
9701
1
12
72
126
3
3
17
72
126
126
294
126
Owner Est
Total Rev Owner
(000) 1/ Rev Rank
104,730
10,810
178,840
310,910
7,610
7,610
21,930
178,840
310,910
310,910
593,970
310,910
40
159
31
16
204
204
101
31
16
16
10
16
Date Acq’d: The date (Year Month) the newspaper was acquired by the most recent
purchaser. A new owner is presented only when the sales transaction is finalized.
10
Daily Newspaper Ownership Information
JOA: Joint Operating Agreement. Shows as percentage of control over combined operations.
Owner: Name of the newspaper’s current owner.
Owner # Papers: Total number of daily newspapers owned by the owner at time of
publication.
Owner Est Total Rev: Presented in thousands ($000), this figure represents the total
revenue of daily newspapers owned by the subject owner.
Owner Rev Rank: BIA/Kelsey’s ranking by revnue of this owner as compared to
all daily newspaper owners.
Sales Price: Presented in thousands ($000), this is the price paid for the newspaper. To
the right of the price you may encounter a code that signifies the type of transactions
(see Keys & Codes on page 12).
1/ See introduction section for interpretation of revenue estimates.
Investing
In Newspaper®
2014 Copyright
Copyright
2014 BIA Advisory
Services,
Unauthorizeddistribution
distribution prohibited.
(703)
818-2425
www.biakelsey.com
Mkt Rank: 52
® 2014.
© BIA©Advisory
Investing
In Newspaper
Services
LLC. LLC.
Unauthorized
prohibited.
For
permission:
703-818-2425 or [email protected]
Buffalo, NY Market Newspaper Overview
Demographic and Economic Overview
1,600
-0.1%
1,600
1,596
-0.1%
663
19,277
56,556
658
19,336
59,425
-0.1%
0.1%
1.0%
658
19,336
59,425
672
20,249
63,551
0.4%
0.9%
1.4%
TV Households
Newspaper
Akron Bugle
Alden Advertiser
Alfred Sun,The
Amherst Bee
Arcade Herald
Bradford Journal-Miner
Buffalo Rocket
Cheektowaga Bee
Cuba Patriot & Free Press
Depew Bee
East Aurora Advertiser
East Aurora Bee
Elma Review
Island Dispatch
Ken-Ton Bee
Lackawanna Front Page
Lancaster Bee
Lewiston-Porter Sentinel
Mayville Sentinel
Metro Community News
Niagara-W heatfield Tribune
Orchard Park Bee
Perry Herald
Port Allegany Reporter-Argus
Potter Leader Enterprise
Rocket-Courier
Salamanca Press
South Buffalo News
Spectrum, The
Springville Journal
11
1,608
# Market
Counties
12
Market Overview
646 White
Black
10 Asian
83.0%
9.8%
2.1%
Avg Household
$ 90,278
Per Capita
$ 37,133
4.3%
Hispanic Origin
ESTIMATED
REVENUES
11
Circulation
Revenue
$34,706
7
Advertising
Revenue
$103,400
Number
Papers
2013
Revenue/Retail Sales
Revenue/Capita
Revenue/Household
Total
Revenue
$7.99/1,000
Dailies
$96.57
$234.82
Sunday
Weeklies
12
33
$154,510
Total
Circulation
Total
Penetation
257,200
39.1
317,800
48.3
413,884
62.9
Buffalo, NY Weeklies Circulation Detail
City and State
Akron, NY
Alden, NY
Alfred, NY
Buffalo, NY
Arcade, NY
Bradford, PA
Buffalo, NY
Cheekotowaga, NY
Cuba, NY
Depew, NY
East Aurora, NY
East Aurora, NY
Elma, NY
Grand Island, NY
Kenmore, NY
Lackawanna, NY
Lancaster, NY
Lewiston, NY
Mayville, NY
Cheektowaga, NY
W heatfield, NY
Orchard Park, NY
Perry, NY
Port Allegany, PA
Coudersport, PA
Bradford, PA
Salamanca, NY
Buffalo, NY
Buffalo, NY
Springville, NY
No. Days
Publish
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
3
1
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
W
BIA/Kelsey Estimated Circulation
Paid
1,642
3,198
849
4,802
4,802
5,500
Free Mkt Pene
0.2
0.5
0.1
21,780
4.0
0.7
0.8
9,900
1.5
1.3
0.6
0.2
312
0.6
990
0.3
0.2
0.2
1.0
2.0
0.6
10,800
1.6
0.1
226,000
34.3
10,395
1.6
0.5
0.1
107
0.3
1.1
0.8
0.3
1.8
8,910
1.4
1.8
8,643
4,171
1,152
3,837
1,152
1,037
1,550
6,434
12,964
3,649
13
If the total number of newspapers cannot fit on one page, the weeklies
listings follow
900
the Financial Overview in a slightly different format. The Market Overview is reproduced on the first page of the Weeklies listing. For explanation see3,073
Items 1 through 3 on
778
page 9.
1,707
12
(all figures in 000's)
m
pl
e
54
52
61
55
2018
Growth
Rate
Sa
Pop Rank #
HH Rank #
RS Rank #
TPI Rank #
BIA Revenue Rank: 32
Market Newspaper Financials
(000s, except Retail Sales and Total Pers. Inc.I in $000,000s)
Growth
2008
2013
2013
Rate
Population
Households
Retail Sales
Tot. Pers. Inc.
Market Rank: 52
Weekly Newspaper Name, City & State
6,914
5,000
2,000
12,100
Provides the newspaper’s name and the city and state in which it is located. The Weekly
12,000 the paper is pubnewspapers are listed alphabetically. The number of days per week
lished and “W” (weekly) indicator is listed.
Est '13
Circ Rev
(000) 1/
98
195
45
1,039
266
266
14
131
223
102
195
28
45
98
60
365
146
Est '13
Ad Rev
(000) 1/
151
206
158
943
241
234
597
621
237
219
155
114
145
140
369
437
189
459
145
4,132
379
207
190
145
311
257
566
413
703
546
Est '13
Total Rev
(000) 1/
14
280
430
240
2,040
520
520
740
890
480
370
360
220
220
270
480
830
350
460
220
4,140
380
340
480
250
670
470
990
810
890
930
Owner
Kasperek, Marilyn
W eisbeck Printing and Publishing
Snyder, David
Bee Group Newspapers
Neighbor to Neighbor News Inc
Nichols, Grant and Debra
Rocket Communications
Bee Group Newspapers
Empire Phoenix Corp
Bee Group Newspapers
Neighbor to Neighbor News Inc
Bee Group Newspapers
Neighbor to Neighbor News Inc
Niagara Frontier Publications
Bee Group Newspapers
Front Page Group Inc.
Bee Group Newspapers
Niagara Frontier Publications
Ogden Newspapers
Metro Group Inc
Niagara Frontier Publications
Bee Group Newspapers
Sturm, Lorraine
Community Media Group
Community Media Group
Keeler Newspapers
Bradford Publishing Company
Front Page Group Inc.
Univ of Buffalo
Community Papers of W estern NY
Owner #
Papers
15
1
1
1
9
3
1
1
9
1
9
3
9
3
3
9
2
9
3
72
2
3
9
1
39
39
1
3
2
1
1
Owner Est
Total Rev
(000)
Weekly Newspaper Financial Information
280
430
240
5,440
1,100
520
740
5,440
480
5,440
1,100
5,440
1,100
1,110
5,440
1,640
5,440
1,110
178,840
5,390
1,110
5,440
480
29,060
29,060
470
7,610
1,640
890
930
Estimated
Circulation Revenue: Presented in thousands ($000), BIA/Kelsey’s
45
estimate of revenue derived from newspaper circulation for the year indicated.
Estimated
Advertising Revenue: Presented in thousands ($000), BIA/Kelsey’s
89
266
estimate
of
revenue derived from newspaper advertising for the year indicated.
45
338
Estimated
Total Revenue: Presented in thousands ($000), BIA/Kelsey’s estimate
200
of total
229 revenue derived from all sources for the year indicated. (NOTE: Includes
373
circulation, and advertising plus other miscellaneous revenue sources.)
360
15
Weekly Newspaper Ownership Information
Owner: Name of the newspaper’s current owner.
Investing In Newspaper® 2014
Copyright © 2014 BIA Advisory Services, LLC. Unauthorized distribution prohibited. (703) 818-2425 www.biakelsey.com
Market Rank: 52
Owner # Papers: Total number of weekly newspapers owned by the owner at time
13
BIA/Kelsey Estimated Current Circulation
Current estimated Paid and Free circulation and market penetration (percent house- of publication.
Owner Est Total Rev: Presented in thousands ($000), this figure represents the
holds).
total revenue of weekly newspapers owned by the subject owner.
1/ See introduction section for interpretation of revenue estimates.
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Page 11
Information About Investing in Newspaper® Market Report
Page 12
Keys and Codes
General
Codes After Sales Price
TPI
Total Personal Income
+
Sales price is amount listed plus notes, stock, or debt.
JOA
Joint Operating Agreement
d
Distress sale.
RS
Retail Sales
dn
Donation.
TVHH
Estimated Television Households
e
Estimated sales price.
g
Group sale.
nc
No cash consideration.
st
Stock transfer.
sw
Swap.
u
Sales prices undisclosed.
Investing In Newspaper® 2014. Copyright© BIA Advisory Services LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected]