My friend Fr. Ray Blake, the p.p. of St. Mary Magdalen in Brighton, posted this about The Tablet (aka The Bitter Pill).
Keep in mind this may be hard to substantiate.
Shops seem to be closing all over Brighton, more of my people are unemployed but there is one good thing about the recession, maybe just one. The Tablet is hemorrhaging money, according to Ttony – thousands of pounds each week according to the latest accounts it has eventually posted. Admittedly the accounts are pre-recession.
It claims it has a circulation of more than 22,000 copies each week, though in common with other British Catholic papers that probably means that is how many are printed whilst in fact only a small proportion are sold or read. Ttony repeats the claim that the Tablet makes that each copy is read by three people, I have never seen how that can be substantiated, it appeals to diminishing niche market.
Unfortunately it has vast resources laid down from when it was a bastion of mainstream Catholicism.