NDM: The decline of the newspaper industry

This article outlines the extent to which the newspaper industry is in decline due to the uprise in New and Digital Media. It shows statistics which display the current levels of decline in this industry in various countries such as New Zealand, Australia and Latin America. It discusses the impact the decline particularly has on the journalists working for the newspaper industry.

1) Do you agree with its view that it is ‘a cause for concern, but not for panic’?

I do agree that it is a cause for concern but not for panic because there are still various other methods of producing and releasing news which can still have very similar impacts on audiences as how newspapers do. However, I do feel that the loss of a physical piece of information has been made. It has also altered the opportune times for news reading. For example, generally newspapers would be read in the morning perhaps on the way to work which reassured news corporations that their content was being read on a regular basis. Although now,online statistics can also track this information which can be useful, still.

2) The article is 10 years old - an eternity in digital media terms. Have the writer's predictions come to pass? Use statistics from your Ofcom research to support or challenge the writer's argument.

I think that some of the writer's predictions have come true but not to the extreme extent suggested within this article.

3) The Economist suggests that high-quality journalism in the future will be backed by non-profit organisations rather than profit-seeking media corporations. Is there any evidence for this? How is the Guardian funded? What do major stories from the last year such as the Panama Papers suggest about how investigative journalism is conducted in the digital age?

Journalism  has been described as 'profit-seeking enterprise managed in an efficient and cost-effective manner' yet they are constantly making a loss rather than making profit. This may suggest their aim is to gain further future profits as they gradually invest in the E-Media platforms.The Panamas are able to dodge taxes which displays the power of investigative journalism.