Online Journalism Blog: ‘How the web changed the economics of news’
June 5th, 2009Posted by Laura Oliver in Editors' pick, Journalism
I’ll give you the headlines from Paul Bradshaw’s excellent, detailed post on how the web has changed the economics of all news media.
- Atomisation of news consumption
- Measurability
- Mutually conflicting business models
- Reduced cost of newsgathering and production
- End of scarcity of time and space
- Devaluation of certain types of journalism
- The end of monopolies
- Cutting out middlemen
- Creating new monopolies
- Digitisation and convergence
- The rise of the PR industry
- A new currency
Better still, read the full post at this link…
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