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Big Day a Windfall for Newspapers

Huge demand for special editions

By Peter Fearon,  Newser Staff

Posted Jan 19, 2009 4:02 AM CST

(Newser) – Newspapers expect a multi-million-dollar windfall in extra sales to people who want a keepsake of Inauguration Day, and publishers are gearing up to make the most of it, Bloomberg reports. The Washington Post is  jacking up its price to $2, and the New York Times, USA Today and other publications plan a variety of special editions. 

“Every newspaper is getting in on this and they really have to,” said a newspaper industry analyst. “It’s a chance for some quick profits and many are struggling.” People "want to grab onto anything they can," said a spokesman for the Washington Times. "With the election, we couldn’t print enough papers.”


President-elect Barack Obama and Michelle wave as they arrive at opening inaugural ceremonies at the Lincoln Memorial.
President-elect Barack Obama and Michelle wave as they arrive at opening inaugural ceremonies at the Lincoln Memorial.   (AP Photo/Jeff Christensen)
People line up at to purchase special election editions of the 'Washington Post.' For the historic inauguration of the nation's first black president, the 'Post' is increasing its price to $2.
People line up at to purchase special election editions of the 'Washington Post.' For the historic inauguration of the nation's first black president, the 'Post' is increasing its price to $2.   (AP Photo/Haraz N. Ghanbari, file)
Copies of the edition of Spider-Man featuring Barack Obama are already fetching $227 on E-Bay.
Copies of the edition of Spider-Man featuring Barack Obama are already fetching $227 on E-Bay.   (AP Photo/Marvel Comics)
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COMMENTS
Showing 1 of 1 comment
Mad
Jan 19, 2009 5:51 AM CST
My Mom has the entire LA Times issued the day after Kennedy was assassinated. Recently a document dealer told her it was worth no more than $50 - 100 dollars. He said complete edisons of the LAT from when Reagan was shot because fewer people saved them. When MILLIONS save the paper from important events it ensures they will never be worth much
 

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