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News in the Internet Age

New Trends in News Publishing

image of News in the Internet Age
 

The economics of news production and distribution is in a state of radical change. After very profitable years, newspaper publishers in most OECD countries face declining advertising revenues and significant reductions in titles and circulation. About 20 out of 30 OECD countries face declining newspaper readership, which is now at its lowest among younger people.

At the same time, many promising forms of news creation and distribution are being tested. Some of these are empowered by increasing technological sophistication, new information intermediaries and the resulting decentralised forms of content creation. However, despite these new possibilities, no business and/or revenue-sharing models have been found to finance in-depth independent news production. This raises questions about the supply of high-quality journalism in the longer term and roles that government support might take in supporting a diverse and local press without putting its independence at stake.

This study provides an in-depth treatment of the global newspaper publishing market and its evolution, with a particular view on the development of online news and related challenges.

English

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The Future of News Creation and Distribution

Opportunities and Challenges

The impacts of the changing media landscape on news are pulling in two opposite directions and analysis often weighs to one extreme or the other. One extreme is that online and other new forms of more decentralised news will finally liberate readers from partisan news monopolies which have tended to become more and more concentrated and to dominate the production and access to news. The other extreme is that the demise of the traditional news media is before us (partially caused by the rise of the Internet) and with it an important foundation for democratic societies is at risk. This chapter summarises some of the most important arguments of the debate.

English

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