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 less costly, 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 often lack the credibility of major news syndicates... purchase to read more