Newspapers have been a source of news for the past 60 years, but has seen tremendous decline over recent years due to the internet age, yet somehow, have preserved and remained an essential part of the media landscape. What does the future of newspapers look like?
They have preserved due to the their companion news sites and stay afloat due to ad revenue.
By essentially, giving away their content for free, the revenue was reliant on ads. Although print advertising is on a downward trend, the rate of decline is slowing down.
2016 was a particularly bad year for the U.K.’s print newspapers. Six regional and local titles had closed in the previous 18 months, or merged with established titles.
Since the rise of smartphones, and the internet, the news has been made readily accessible to the public. But this issues concerns of fake news or ‘clickbait’.
The era we live in, also allows for breaking news to be released within minutes of it happening, as well as making the audience the ones who choose what’s relevant
Newspapers are in decline, but they still remain.
Papers could not compete with television or the internet in terms of speed, however they can provide the kind the kind of in-depth news coverage that TV news never could, and the internet cannot (due to not having trained journalists working on the story).
The decline in newspapers means that the future of the industry, looks uncertain, mainly due to financial factors.
For now, you can still pick them up at your local shop, so hopefully they will be around for quite some more time.