In 2022, UNESCO warned that "the business model of the news media is broken". Advertising revenue—the lifeline of news publications—has dried up in recent years.
Only 17 percent of people polled across 20 wealthy countries said they had online news subscriptions in 2023.
Public trust in the media has increasingly eroded in recent years; only four in 10 respondents said they trusted news most of the time, the Reuters Institute reported.
Young people are relying more on influencers and content creators than newspapers to stay informed, indicating a shift in how news is consumed.
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