Monday, March 14, 2011
State of the news media report just out
The Pew Project for Excellence in Journalism has released its annual State of the News Media report.
Among the major sectors, only newspapers suffered continued revenue declines last year—an unmistakable sign that the structural economic problems facing newspapers are more severe than those of other media. When the final tallies are in, we estimate 1,000 to 1,500 more newsroom jobs will have been lost—meaning newspaper newsrooms are 30% smaller than in 2000.
Beneath all this, however, a more fundamental challenge to journalism became clearer in the last year. The biggest issue ahead may not be lack of audience or even lack of new revenue experiments. It may be that in the digital realm the news industry is no longer in control of its own destiny.
The report suggests that paid news content on the web is not likely to take off unless preceded by the demise of a local print newspaper. Visit the link above for much more.