Friday, August 21, 2015

People Get their News Online by a Wide Margin

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When it comes to getting your daily news fix, most people are reading online instead of watching TV or picking up a newspaper.

A recent Reuters Institute Digital News Report found that 43% of Americans tapped online sources as their “main source of news” compared to 40%  for TV, which for decades was the top news source in the nation. It also found that “printed newspapers” are at their lowest point for being a news source, even below social media websites.

Magazines are also declining as circulation has decreased 11.4% this year following a 14.2% drop in the last six months of 2014. The biannual Alliance for Audited Media found that “total paid circulation” for 86 of the 125 top magazines, reported a staggering 71% circulation drop, according to a report in Media Life Magazine.

I think when it comes down to it, people don’t want to pay for news anymore and growth for the print industry is either falling or flat lining.

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