NDM: The decline of the newspaper industry
NDM: The decline of the newspaper industry
The future of newspapers
Read this article from the Economist on the future of newspapers.
On your blog, create a blogpost called 'The future of newspapers' and write a paragraph summarising the argument the article makes. Then answer the following questions:
This article makes the argument that newspapers are in decline as new digital media is on an incline. It is noted in the article that more of the younger demographic are using the internet to access the news instead of purchasing a newspaper and looking at global news. The theory behind the extinction of newspapers is said to be the first quarter of 2043 and as a result of this decline, jobs and advertisers are beginning to suffer. This is due to more advertisements on the internet being specifically matched to meet consumer interests instead of there being broad and numerous amount of advertisements. Newspapers have tried to fit more of the market sector of news by spending less on journalism, orientating the news to appeal to daily lives of consumers and investing in free daily papers. There is a general concern that the decline in newspapers would lead there to be more unreliable news and that governments would try to craft the information that ends up in the news. This, however, is not something to worry about due to there being multiple sources of news available, the increase of proof from citizen journalism and companies supporting and training trainees on how to obtain news and the ways to present it.
1) Do you agree with its view that it is ‘a cause for concern, but not for panic’?
In my opinion, I agree with this view as the increase of new/digital media has meant that there is more coverage on news stories and a variety of opinion based theories. Even though there would be a lot of fake news stories that would be collated and could cause moral panic, there are multiple experts/witnesses that would be able to clarify the events that are happening. In newspapers, I believe that in certain circumstances the news comes from one point of view and has limited coverage due to the time frame it has to published, however, with new/digital media, coverage on an event is available 24/7. In addition to this, new/digital media allows the consumer to view content that they are interested in instead of having to purchase a whole newspaper in order to access one story. In whole, I agree with this view due to numerous stories that have been unravelled through new/digital media and the limitations that newspapers hold.
2) The article is 10 years old - an eternity in digital media terms. Have the writer's predictions come to pass? Use statistics from your Ofcom research to support or challenge the writer's argument.
The writer's predicitions has come true as the decline in newspapers has hastened alot since there has been a increase in the amount of individuals that read their news online. The increase of free content and accessibility makes it cheaper and more convenient for someone that wants to consume the news in their own time and at any time. The Ofcom report states that:
3) The Economist suggests that high-quality journalism in the future will be backed by non-profit organisations rather than profit-seeking media corporations. Is there any evidence for this? How is the Guardian funded? What do major stories from the last year such as the Panama Papers suggest about how investigative journalism is conducted in the digital age?
The evidence behind the Economist is available to some extent, however, alot of organisations are set up in order to make a profit.
The Guardian is funded through advertising and sales revenue, so are a lot of current newspapers. As Guardian Media Group looks beyond traditional sources of funding, the backing of third parties who are willing to support the Guardian’s journalism while respecting its editorial independence and freedom enable the coverage of important subjects that may too easily be neglected elsewhere.
A wide majority of newspapers are relying on these things like subscriptions, this is where consumers pay a small amount of money to read a article, or advertisement from companies in order for their organisation in the newspaper industry to keep afloat.
Major stories from the last year such as Panama Papers suggest that investigate journalism is conducted in the digital age through the leaking of news stories. This could be through hacking or second-hand media platforms. Alot of journalists generate their content through multiple sources that have already been established such as Instagram and Twitter.
Read this article from the Economist on the future of newspapers.
On your blog, create a blogpost called 'The future of newspapers' and write a paragraph summarising the argument the article makes. Then answer the following questions:
This article makes the argument that newspapers are in decline as new digital media is on an incline. It is noted in the article that more of the younger demographic are using the internet to access the news instead of purchasing a newspaper and looking at global news. The theory behind the extinction of newspapers is said to be the first quarter of 2043 and as a result of this decline, jobs and advertisers are beginning to suffer. This is due to more advertisements on the internet being specifically matched to meet consumer interests instead of there being broad and numerous amount of advertisements. Newspapers have tried to fit more of the market sector of news by spending less on journalism, orientating the news to appeal to daily lives of consumers and investing in free daily papers. There is a general concern that the decline in newspapers would lead there to be more unreliable news and that governments would try to craft the information that ends up in the news. This, however, is not something to worry about due to there being multiple sources of news available, the increase of proof from citizen journalism and companies supporting and training trainees on how to obtain news and the ways to present it.
1) Do you agree with its view that it is ‘a cause for concern, but not for panic’?
In my opinion, I agree with this view as the increase of new/digital media has meant that there is more coverage on news stories and a variety of opinion based theories. Even though there would be a lot of fake news stories that would be collated and could cause moral panic, there are multiple experts/witnesses that would be able to clarify the events that are happening. In newspapers, I believe that in certain circumstances the news comes from one point of view and has limited coverage due to the time frame it has to published, however, with new/digital media, coverage on an event is available 24/7. In addition to this, new/digital media allows the consumer to view content that they are interested in instead of having to purchase a whole newspaper in order to access one story. In whole, I agree with this view due to numerous stories that have been unravelled through new/digital media and the limitations that newspapers hold.
2) The article is 10 years old - an eternity in digital media terms. Have the writer's predictions come to pass? Use statistics from your Ofcom research to support or challenge the writer's argument.
The writer's predicitions has come true as the decline in newspapers has hastened alot since there has been a increase in the amount of individuals that read their news online. The increase of free content and accessibility makes it cheaper and more convenient for someone that wants to consume the news in their own time and at any time. The Ofcom report states that:
- Overall circulation of printed newspapers has decreased since 2010. National daily titles have decreased from 9.2 million in 2010 to 6 million in 2016
- Nearly half (48%) of adults say they use the internet for news nowadays, an increase from 41% in 2015.
3) The Economist suggests that high-quality journalism in the future will be backed by non-profit organisations rather than profit-seeking media corporations. Is there any evidence for this? How is the Guardian funded? What do major stories from the last year such as the Panama Papers suggest about how investigative journalism is conducted in the digital age?
The evidence behind the Economist is available to some extent, however, alot of organisations are set up in order to make a profit.
The Guardian is funded through advertising and sales revenue, so are a lot of current newspapers. As Guardian Media Group looks beyond traditional sources of funding, the backing of third parties who are willing to support the Guardian’s journalism while respecting its editorial independence and freedom enable the coverage of important subjects that may too easily be neglected elsewhere.
A wide majority of newspapers are relying on these things like subscriptions, this is where consumers pay a small amount of money to read a article, or advertisement from companies in order for their organisation in the newspaper industry to keep afloat.
Major stories from the last year such as Panama Papers suggest that investigate journalism is conducted in the digital age through the leaking of news stories. This could be through hacking or second-hand media platforms. Alot of journalists generate their content through multiple sources that have already been established such as Instagram and Twitter.
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