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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

The News Agencies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 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

 


Industry ProductsRelated ReportsTable of Contents

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


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