ABC: Daily Paper Circulation Fell 7%

Newspapers are shedding circulation at a “record rate,” according to Editor and Publisher and the Audit Bureau of Circulation’s new FAS-FAX report.

The New York Times lost 3.5% daily in the six months ending March 31 2009, compared to the same period a year ago, and 1.7% on Sundays.

The Washington Post lost 1.6% of its daily circulation.

The New York Post, which has the seventh largest circulation in the country, lost a whopping 20% of its circulation, the worst decline among the top 25 papers.

USA Today, still the largest-circulating paper in the country, lost 7%, mostly thanks to hotels canceling their subscriptions.

Read more at E&P.