Sunday, 9 October 2016

NDM: The decline of the newspaper industry


This article is talking about who or what is responsible for the 'death' of the newspaper. One of the main causes was because advertising revenue had shifted online as this is where the highest density of people are viewing news, this had meant many journalists have lost their jobs.Publications like the New York Times and the Wall Street Journal should be able to put up the price of their journalism to compensate for advertising revenues lost to the internet



1) Do you agree with its view that it is ‘a cause for concern, but not for panic’?

Respected publications like The New York Times are able to put up the prices of their newspapers to compensate for the loss of advertising revenues, though young people in particular dont tend to pay for any news now a days.

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.

I believe the predictions have come true. Also in the past 10 years developments in technology have meant people can now access digital media is so many different ways probably more than what the writers had first thought.

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?
People are recording news and content on their smartphones and releasing it to the web free of charge. They are not necessarily profit driven, but rather spreading awareness. News paper companies are already seen to be losing money as well as being a commercial news provider. The Panama Papers is a great example of investigative journalism and the difference that it makes to have social media and the online platform to rapidly upload information and get it exposed to a large group of people quickly.  








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