Not because reading newspapers is good for you. Quite the opposite. In most countries the biggest selling papers are the downmarket tabloids; The Sun in Britian, Bild in Germany & Fakt in Poland. And Russians do read. I am always amazed by how many people have electronic readers on the metro. So they are reading books instead.
It is a pity because buying daily newspapers is the most fun you can have as a media buyer. Especially on a Friday afternoon. Because on Friday the papers are "closing" three editions; Saturday, Sunday & Monday. So Friday afternoon is when they start dropping the rates for pages. Any client with a short-term budget can pick up bargains.
As a print buyer you first prepare yourself by going for a long liquid lunch. This is to steel your nerves before the buying frenzy of the afternoon ahead. Then if you want to look impressive you get two phones on your desk to make you feel like a commodoties trader.
Then you let the fun begin. As the minutes tick by until 6pm the prices start to drop. I once got a page in the Times for $10,000 when the normal rate was around $25,000. Even the Zenith print department was a fun place to work on at this time, and the fact that it was Friday helped as well.
But the most fun I ever had was when I was booking colour page spreads for AT&T. I had a budget of $750,000 and it came down to the Telegraph vs. The Sunday Times. It was winner takes all. And the best thing was that the rep from the Times was married to the rep from the Telegraph.
I gave it to the Times. They had a lower Cost per Thousand. Plus they promised me tickets to the Fleadh, the annual Irish music festival in London where Van Morrison was playing.