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 Investment Chapter
The capital requirements for industry operators have transformed significantly over the past decade. The growth of the digital market combined with increased internet usage has changed the way in which people consume media, and as a result changed the demand for traditional media services. The industry has been opened up with a proliferation of smaller operators exploiting niche markets.
Companies business models have shifted, the rise of the digital age has led to companies being forced to adapt to a new type of user. Companies have expanded their online presence, establishing their own online news platforms. Fro.. purchase to read more