Arab Today, arab today digital is not rescuing troubled us newspapers
Last Updated : GMT 08:44:48
Arab Today, arab today
Arab Today, arab today

To rescue them from their deepening woes

Digital is not rescuing troubled US newspapers

Arab Today, arab today

Arab Today, arab today Digital is not rescuing troubled US newspapers

The grim news for newspapers: digital
Washington - Arab Today

The grim news for newspapers: digital is doing little to rescue them from their deepening woes.

Reeling from weak circulation and ad revenue, the traditional newspaper world faces an ugly picture while social media and tech firms benefit from the shift to digital, a Pew Research Center study released on Wednesday found.

Average weekday newspaper circulation — print and digital combined — fell seven percent in 2015, the greatest decline since 2010, Pew’s annual “State of the News Media” report found. 

Although digital circulation gained a slight two percent, that amounted to just 22 percent of total circulation, and online subscriptions have done little for the overall revenue picture, Pew said.

It found that total 2015 advertising revenue among publicly traded newspaper companies declined almost eight percent, reflecting weakness in digital as well as print.

To make matters worse, newspaper newsroom employment fell 10 percent last year, the biggest drop since 2009, the researchers found.

“Newspapers had a near recession-level year,” Pew researcher Jesse Holcomb said.

– Tech firms reap gains –

Major tech companies are reaping most of the revenues from online news, Pew found.

“There is money being made on the web, but news organizations have not been the primary beneficiaries,” the report said.

Total digital advertising spending grew 20 percent last year to around $60 billion, a higher growth rate than in 2013 and 2014, Pew said.

“But compared with a year ago, even more of the digital ad revenue pie — 65 percent — is now swallowed up by just five tech companies,” the report said, naming Facebook, Google, Microsoft, Yahoo and Twitter.

“Increasingly, the data suggest that the impact these technology companies are having on the business of journalism goes far beyond the financial side to the very core elements of the news industry itself.”

Facebook took in some 30 percent of digital display ad revenue last year, or $8 billion, according to Pew. Google accounted for 16 percent.

Some news publishers still make profits “but it’s a mixed picture,” while a handful of digital companies “are sucking up the oxygen,” Holcomb said.

Part of the reason for the revenue shift is due to how people discover news — often by happenstance on social networks or by searching online — the researcher added.

“Our relationship with news is in a state of change,” he said.

“Most people who say they get news on a platform like Facebook are not necessarily looking for news, news is just one of the things they stumble across.”

Since the Newspaper Association of America stopped reporting revenue figures for the newspaper industry as a whole in 2013, Pew tracked data from the seven publicly traded newspaper groups, which owned some 300 dailies at the end of last year.

The data accurately tracks the sector even though a majority of newspapers are privately held, the research firm said.

– Mixed news –

The picture was more nuanced elsewhere in the media industry.

Some digital news startups appear to be generating revenues and profits, although data has been spotty, Holcomb said.

“Even among these promising digital news startups, there is a feeling of uncertainty,” he said.

“The market hasn’t become clear nor has the business model,” he added.

“These companies are still experimenting, they are still pivoting. There are some superstars, but it’s not entirely clear if there is a wider path to profitability.”

Those digital news operators include BuzzFeed, Vox Media and Business Insider. Although several have raised capital from investors, as private firms they are not required to report financial results.

In television, network broadcasters increased ad revenue by six percent in the evening and 14 percent in the morning. Cable news channels were projected to increase their revenues by 10 percent and experience profit gains, Pew said.

It also found radio remains an important news source for around 25 percent of Americans, and is getting some help from digital technologies and podcasts.

But overall radio revenues were flat in 2015, with a three percent decline in traditional AM/FM spot advertising offset by gains in digital and off-air advertising, the report said.

Source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today digital is not rescuing troubled us newspapers Arab Today, arab today digital is not rescuing troubled us newspapers

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 09:05 2017 Saturday ,11 February

How algorithms (secretly) run the world

GMT 04:53 2017 Wednesday ,08 February

Iraqi author underlines the Arab women role in program

GMT 16:55 2017 Sunday ,05 February

Saudi cleric: Social media led to 'strange' practices

GMT 13:43 2017 Wednesday ,01 February

MADA- 10 Years of Hard Work and Impact
View News in Arabic - Media: وسائل الإعلام أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday