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 - Industry SWOT Analysis Chapter
The News Syndicates industry is in the mature phase of its industry life cycle. Industry value added (IVA), which measures its contribution to the overall economy, has been slightly lower than the country's GDP growth as a result of waning dependence among news outlets on syndicated news content. During the 10 years to 2019, IVA is projected to increase 2.6% per year on average, while GDP is forecast to grow an average of 2.7% annually. While news syndicates can provide information to media outlets at cost-effective rates, their value has diminished as online users increasingly consult articles through user-generated content news sources like Twitter.
News syndicates have resisted industry decline by taking advantage of online news readership... purchase to read more