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The News And Why the Internet is the New Medium of Choice

Pinned on November 13, 2013 at 7:05 am by Admin

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The News And Why the Internet is the New Medium of Choice

After very profitable years, newspaper publishers in most OECD countries face declining advertising revenues, titles and circulation. The economic crisis has amplified this downward development. In some OECD countries, more than half of the population read newspapers online but at the minimum 20 percent read newspapers online. The willingness to pay for online news remains low. The impacts of the changing media landscape on news are pulling in two opposite directions. One extreme is that online and other new forms of more decentralised news will liberate readers from partisan news monopolies which have tended to become more concentrated and to dominate the production and access to news. The other extreme is that the demise of the traditional news media is with us (partially caused by the rise of the Internet), and with it an important foundation for democratic societies is at risk

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