The media has a big problem, Reuters Institute says: Who will pay for the news? | Reuters


News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don’t want to pay for online news, the Reuters Institute found.

Swiftly accelerating mobile internet and smartphones have revolutionized the delivery of news and destroyed the business models of many news organizations over the past 20 years, leading to falling revenues, layoffs and takeovers.

The mass migration of advertising to U.S. technology giants such as Facebook, Google and Amazon has hammered revenues while more than half the world’s population now has access to news via an internet connection.

But will people actually pay for news?

Source: The media has a big problem, Reuters Institute says: Who will pay for the news? – Reuters

READ  Theresa May's industrial plan signals shift to more state intervention | The Guardian

Leave a Reply

Your email address will not be published. Required fields are marked *