When it comes to religious media, there is nothing like the Catholic press. Spanning the doctrinal spectrum, there are 600 Catholic-based news websites and newspapers in the United States and Canada alone. In the past few years, the diversity of the Catholic press has provided a wealth of information and insights to readers and to mainstream journalists.
Like secular news outlets, Catholic media also face financial hardships created by the pandemic.
This is a trend that has, of course, affected all news media and across many other industries, such as hospitality and tourism to name just two. Secular news outlets, particularly local newspapers, faced an uphill battle before the coronavirus. They face an even tougher battle now that advertising has dried up amid an ever-worsening economy.
Over the last two months, the nation’s unemployment rate has ticked up. At the same time, layoffs have affected many large newsrooms like The Atlantic despite some of the best pandemic coverage. If technology like the internet has led to the slow death of print, the pandemic has accelerated what always seemed like the inevitable. Indeed, as Axios recently pointed out, no publisher is immune to COVID-19. It’s something newspaper publishers are monitoring very closely as their editors and reporters work from home and continue to report on the pandemic.
Catholic media outlets are not immune to such hardships. The first real sign that the situation was worsening came on April 9 when Bayard, which owns and operates 190 magazines, announced it would cease print publication of four magazines: Catechist, Hopeful Living, Today’s Catholic Teacher and Catholic Digest. This last monthly magazine, which has been published since 1936, boasts a circulation of 300,000. Catholic Digest also has a website that is updated regularly. It’s reach, as expected, is greater online — with traffic reaching nearly 16,000 visits each month.
All print publications have been struggling to make money since Google and Facebook now take the largest slices of the advertising revenue pie.