IMLeS 2021: Future-proofing our journalism, need of the hour wan-ifra.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wan-ifra.org Daily Mail and Mail on Sunday newspapers.
Editorial and content production now make up a third of news organisations’ costs, according to WAN-IFRA’s recently published World Press Trends Outlook report.
The costs of the news business have shifted during recent years as publishers have been adopting digital transformation as a core strategy.
A third of costs now coming from editorial
Twenty or even 10 years ago, nearly 50% of publishers’ costs came from print production, (particularly with newsprint), and distribution. This has since dropped to 21.4%.
Instead, editorial and content production now make up a third of total costs. And while editorial making up the majority of investment is encouraging to see, the figure is actually lower than what typically accounted for the costs of producing news 10 or 20 years ago when it stood at around 35%.
| April 30, 2021
As we mark 3 May, World Press Freedom Day media across the globe are fighting threats both existential and immediate. The COVID-19 health pandemic has exacerbated, and in many instances accelerated challenges familiar to media owners, editors and journalists everywhere. The dilemma for an industry shrinking by the day and fast running out of money is that the biggest, most unavoidable cost is the journalism that, by its very essence, defines it.
Above all, COVID-19 has forced questions around the economic model and how media are financed front and centre for everyone with even just a passing interest in how news is produced. The insecurities that have been corroding the industry for over two decades are now circulating wildly and devastating newsrooms and boardrooms worldwide.
How science journalism accelerated Süddeutsche Zeitungâs digital subscriptions
2021-05-03. Since the beginning of the pandemic, the German newspaper has seen its digital subscriptions grow by over 60%. A major factor behind this increase is the publisherâs long-term commitment to quality science reporting.
| May 3, 2021
The Covid-19 pandemic has made the news publishing environment more challenging in many ways. But the crisis has also highlighted the fact that audiences are drawn to reliable, high-quality information that helps them make sense of the complicated times we are living through. Many publishers are rising to the occasion, among them Süddeutsche Zeitung.
Pandemic has revealed the fragility of public interest journalism On World Press Freedom Day, media across the globe are fighting threats both existential and immediate
about 2 hours ago
For World Press Freedom Day 2021, NewsBrands Ireland has launched a campaign to highlight the vital role trusted news media journalism plays in society.
US president Joe Biden speaks to the press before boarding Air Force One. Photograph: Brendan Smialowski / AFP via Getty
Viability, diversity, stability and safety are essential ingredients of any healthy information ecosystem. How many media organisations worldwide can say yes to all four? How far are individual professionals, news organisations and the industry as a whole from achieving these? And at this time of global anxiety, economic turmoil and uncertainty, is it crazy to have these goals?