Creator content think celebrities and influencers will take attention from news media, while more platform features that enable charging for content will open up opportunities for individual journalists and co-operatives. As the impact of climate change becomes more pressing, the news industry remains uncertain about how to deal with this complex and multi-faceted story. AI will support the automation of production processes and help to engage audiences in more relevant and personalised ways. Elon Musk is running himself into the ground at Twitter. Charging for online news is the end-destination for many, but expect subscription fatigue to limit progress, especially if economic conditions worsen. One of the biggest surprises in this years survey is the growth in revenue reported by many publishers. Cut-price offers and differential pricing will be one likely response, especially if the economy cuts up rough, but others are looking to develop new premium products to encourage tie-in. But with publishers joining platforms looking for the best exclusive content expect the price to go up this year, especially for the biggest stars. [CDATA[> Partovi heads Neo, a startup accelerator, mentorship community and venture capital firm. With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better to cooperate with regulators. Free at the point of consumption models will also be important in ensuring that news is not just for elites. //-->. [CDATA[> The CFPB estimates that these changes mean $3 billion in savings for There is a lack of money to hire specialist journalists who can explain the science. WebGet the latest new car reviews from Auto Trader experts and read the latest car news and advice on Auto Trader. Having said that, the challenges of content moderation and oversight that already plague social media could get even worse in spaces powered by VR and AR. However, next generation technologies like artificial intelligence (AI), cryptocurrencies, and the metaverse (virtual or semi-virtual worlds) are already creating a new set of challenges for societies as well as new opportunities to connect, inform, and entertain. Publishers say the biggest barriers to innovation are the lack of money, due to wider economic challenges, and difficulty in attracting and retaining technical staff. The authors are scholars whose work spans both the theory and the practice of antitrust regulation. The Athletic has built built more than 1 million subscribers based on deep reporting in multiple sporting niches.10. This year, publishers in countries like Italy and Spain are looking to cash in as national interpretations of the EU Directive come into play. In our own survey, covering a wide range of countries, we find a more mixed picture. //-->. Users have been captivated by its mix of music, humour (and news) driven by a powerful For You feed generated by an algorithm that learns what you like. A recent report by the International Center for Journalists documented the extent of the harassment of Maria Ressa and her colleagues in the Philippines, while an accompanying survey of 900 women journalists found that nearly three-quarters had experienced online abuse. By. The jury is still out on whether subscription models will work for all. Updated May 03, 2022. GB News suffered a disastrous launch and torrid first year, at various stages receiving official TV ratings of zero viewers, but often boasting about its impact on social media. The higher price is aimed at motivating employees by helping them monetise their holdings, the sources said. Much of the debate around regulation has been driven by the lobbying of vested interests (including the platforms themselves and many traditional media companies), but the argument that something should be done now appears to be won and we are moving rapidly towards implementation on multiple fronts, including anti-trust, privacy, safety, and more. Just don't throw caution to the wind, TFSA Passive Income: Earn $340-$380 Tax Free Each Month Into the Future, 5 Things to Know About Cannabis Stocks Before 2023. In September 2020, TT announced a new program to pay its creators directly. 2022 will be a year of careful consolidation for a news industry that has been both disrupted and galvanised by the drawn-out COVID-19 crisis. It is also likely to include the 25-year archive from public radio programme ThisAmerican Life. This provision is part of the Build Back Better bill that passed the House of Representatives in November 2021 and would offer a payroll tax credit of up to 50% for journalists employed by local newspapers, digital-only sites, or broadcast outlets.29 Progress is not guaranteed after the bill ran into trouble in the Senate, but if it does eventually succeed it would mark a major change in the US tradition that journalism should remain financially independent of government, and potentially provide a model for other countries too. Meta's president for global affairs, Nick Clegg spoke to ET's Aashish Aryan and Surabhi Agarwal in an exclusive interview. McKinney is an assistant professor of international security at Air War College, and Rosenblatt runs Rationalwave Capital Partners, an early stage technology venture fund. But our research also found that, when it comes to news, it is mainly influencers and celebrities that people are paying attention to raising questions about how and whether journalists and news brands should engage on this platform.16. And waiting in the wings for regulators are new challenges around cybercrime and artificial intelligence. Journalism collectives as a halfway house: and its websites in 2019 and has just acquired Group Nine (owner of multiple brands including, Traditional media look to acquisition to fuel growth:, At a local level, we can expect to see the growth of low-cost reader-focused start-ups this year, built on. Even if traffic is down in some cases, journalists feel that their role is more valued by audiences and the business side in particular is on a more solid footing. But what else will the streaming consumer want to pay for? 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