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News Agencies in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

News Agencies Market Research Report | SIC J63.910 | Nov 2016

War of words: Some firms are forced out of print due to rising alternative online sources

IBISWorld’s News Agencies market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Thomson Reuters Thomson Reuters market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 12-17
-4.7%
Annual Growth 17-22
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Profit
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Employment
18,613
Businesses
603
Industry Threats & Opportunities
  • Many publishers are increasingly getting their news content from alternative online sources.
  • News agencies are turning to video content in order target a wider audience
  • Investment into the industry is expected to be constrained following Britain's exit from the European Union
  • ... purchase to read more

Industry Analysis & Industry Trends

The UK News Agencies industry includes businesses that provide the general media with news, pictures and feature articles. The industry's core services are researching and providing original news stories, but prepared video and audio are becoming increasingly important service segments. Over the five years through 2016-17, it is estimated that industry revenue was negatively affected by declining newspaper publishing and operators suffering from the latent effects of the economic downturn. Revenue is forecast to contract at a compound annual rate of 4.7% over the five years through 2016-17 to reach £2.6 billion, as demand for news content from traditional media markets declines.

In the current year, revenue is forecast to contract by... purchase to read more

Industry Report - Industry Analysis Chapter

The News Agencies industry has undergone significant changes over the past decade. The growth of internet services has changed the way individuals consume media. Improving internet services and greater adoption of IT has led to increased access to free digital content making it easier for traditional media markets to bypass news agencies altogether. However, new technology has enabled press agencies to develop multimedia focusing on specific niche markets such as sports or celebrity news.

Increased globalisation has led to the composition of media changing, with demand for original reporting declining dramatically. Consumers have become more focused on obtaining their news quickly, with people not liking to have to wait for information. As .. purchase to read more

Additional Insights for the News Agencies Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the News Agencies Industry are

  • Having a good reputation
  • Prompt delivery to market
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Demand from newspaper publishing and Demand from television programming and broadcasting in the News Agencies industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the News Agencies Industry?

    News syndicates and agencies in this industry provide the general media with news, pictures and feature articles. The activities of newspaper publishers and independent journalists and photojournalists are not covered by the industry.

    Industry Products
    News storiesAudio and video contentPictures
     
    Industry Activities
    Reporting on news and current affairs Taking pictures related to news stories Providing the media with feature articles


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from newspaper publishing
  • Demand from television programming and broadcasting
  • Percentage of households with internet access
  • Demand from radio broadcasting
  • IT and telecommunications adoption
  • Current Performance
  • Digital takeover
  • Blocking revenue
  • Chart: Revenue Growth
  • Industry Outlook
  • Referendum effects
  • Time for a remodel
  • Competition developments
  • Table: News Agencies Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - News Agencies Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Newspaper Publishing
  • Magazine Publishers
  • Radio Broadcasting
  • Television Programming & Broadcasting
  • Key Selling Industries
  • Communication Equipment Manufacturing
  • Computer & Peripheral Equipment Manufacturing
  • Wired Telecommunications Carriers
  • Wireless Telecommunications Carriers
  • Products & Services
  • News stories
  • Audio and video content
  • Pictures
  • Other
  • Chart: News Agencies Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • TV broadcasters
  • Newspaper and magazine publishers
  • Website publishers
  • Radio broadcasters
  • Other
  • Chart: Major Market Segmentation for the News Agencies Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Telecommunications
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs News Agencies
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the News Agencies Industry
  • Industry Globalization
    Major Companies
    Thomson Reuters Corporation
  • Table: Thomson Reuters Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the News Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the News Agencies Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Image Portal
  • A web-based application that brings together images from a wide array of different sources.
  • Smartphone
  • A mobile phone that offers advanced PC-like capabilities, including internet access.
  • Traditional Media
  • News content that is published in the long-standing media of print, TV and radio.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on News Agencies:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The News Agencies market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on News Agencies, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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