Breaking news: Free digital content takes away agencies' competitive edge
The news agency industry's core services are researching and providing original news stories, but prepared video and audio are becoming increasingly important income streams. Revenue has been negatively affected by declining newspaper publishing demand and changing attitudes toward news consumption. Revenue is forecast to contract at a compound annual rate of 5.1% over the five years through 2022-23 to £2.2 billion.
News syndicates and agencies in this industry provide the general media with news, pictures and feature articles. The industry does not include the activities of newspaper publishers, independent journalists and photojournalists.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Thomson Reuters Corporation
Methodology
LOADING...