Industry Analysis & Industry Trends
In the news
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.
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Industry Report - Industry Key Buyers Chapter
The top four firms accounted for an estimated 53.4% of total revenue generated by all establishments in this industry in 2012. Due to rapid acquisitions, the Associated Press and Bloomberg LP, in particular, increased their share of revenue. The industry is anticipated to continue to consolidate as three of the four largest companies continue to embrace a growth-by-acquisition strategy.
Nonetheless, about 69.7% of news syndicates employ fewer than five people, and about 85.8% of businesses employ fewer than 20 people. This shows the fragmented nature of the remainder of the industry, and signals the disparity between major companies and the majority of the industry's players. .. purchase to read more