Industry Analysis & Industry Trends
The UK News Agencies industry was already declining as a result of media fragmentation, but the global financial crisis exacerbated its difficulties, and even caused some firms to go bust. Revenue is expected to recover slightly in the current year and grow by an estimated 1.6% to £2.2 billion. However, over the five years through 2013-14 the industry is estimated to contract at a compound annual rate of 5.2%.
As consumers have become more interested in varied online sources of news and information, the volume of news being published has increased dramatically. However, this media fragmentation has decreased demand for content from news agencies... purchase to read more
Industry Report - Industry Products Chapter
The News Agencies industry is highly diverse and fragmented, with varied news content that includes news stories of all stripes. This includes a wide variety of topics that are presented in the form of words, stories, pictures and video, and subsequently broadcast by various newspapers and media outlets.
World news and current affairs
World news and current affairs includes the furnishing of news information relating to stories (both domestic and international) that have either recently occurred or are ongoing at the time of reporting. This type of information generally includes the relaying of facts with the focus on currency rather than analysis... purchase to read more