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News Syndicates in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

News Syndicates Market Research Report | NAICS 51411 | Feb 2014

Mixed news: Growing popularity of online media will boost demand but increase industry competition

The News Syndicates 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
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
3.9%
Annual Growth 14-19
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Profit
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Employment
9,138
Businesses
319
Industry Analysis & Industry Trends

While a slowdown in downstream media industries hindered the industry's growth during the recession, demand will pick up over the next five years. As online content expands to mobile devices, tablets, TVs and gaming consoles, news syndicates will have greater public exposure, spurring demand. Furthermore, news syndicates will look to provide customers with cheaper, easier and faster access to more content over the internet... purchase to read more

Industry Report - Starting a New Business Chapter

Large, established companies benefit from economies of scale and scope. Existing business relationships among news syndicates and media organizations pose some difficulty for new entrants to become serious competitors. For example, the AP is owned by a cooperative of member newspapers and news agencies, while other major players like Thomson Reuters and News Corporation have enormous revenue from other streams outside of news syndication that allow them to remain competitive.

In addition, the media, its customers and its journalists all rely on the reputation of news sources. While there is growing competition from small-scale, independent news blogging networks, these new entrants lack the credibility of major news syndicates... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the News Syndicates Industry?

This industry includes firms engaged in supplying information on current events like news reports, articles, photography and features to the news media. Independent writers and journalists, as well as photojournalists, are not included in this industry but are within the scope of IBISWorld report 71151 Performers & Creative Artists.

Industry Products
Televised mediaRadio broadcastPrint mediaAt-home digital mediaMobile digital media
 
Industry Activities
Supplying content to news media outletsResearching and writing news reports, articles and featuresDistributing news and imagesSupplying newswire servicesSupplying traffic reports


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