A recent report outlines that audiences remain confident in the industry.
Despite all the twists and turns to have happened in the news industry in 2016 and 2017, publishers are optimistic that quality journalism will prevail, and that their audiences will continue to increase their support for good reporting going forward.
Today (28 June) in London, a panel of speakers from BuzzFeed, BBC, Financial Times and Facebook discussed some of the main findings from the latest Digital News Report published by the Reuters Institute for the Study of Journalism (RISJ) on 22 June.
For the research commissioned by RISJ, YouGov conducted questionnaires at the beginning of 2017 with more than 70,000 people in over 30 countries.
Nic Newman, lead author of the report, outlined some of the main findings from the research: trust in the news media and social media is low across all markets; social and search expose people to varied news sources, but brand attribution and recognition are low; there is a "shift to new mobile and post-mobile media", with people increasingly using their smartphones and other voice-controlled devices to get news even at home.
Twenty-four per cent of those surveyed said that social media does a good job in separating fact from fiction, while 40 per cent thought that news organisations are good at doing the same.
Recent political events in both the US and Europe have seen news organisations enjoying subscription bumps, with readers more eager to support quality reporting.
RISJ found that 29 per cent of those paying for news in the United States, primarily younger audiences, said they do so "to help journalism".
However, Newman pointed out that generally, only 13 per cent of respondents across all countries paid for online news.
The number of readers willing to financially support digital journalism is highest in Scandinavia, at 26 per cent, and lowest in the UK, at 6 per cent, which survey respondents say is due to the fact that publishers are not charging for online access across the board, and if they did, the incentive to pay would be higher.
When asked whether they felt more optimistic or pessimistic about the state of the industry going forward, the panellists regarded themselves as optimistic.
"A few years ago we were probably thinking that we will never get people under 35 interested in news and as we see now, they do pay for news, engage with politics and are quite passionate," said Janine Gibson, editor-in-chief of BuzzFeed UK.
Renée Kaplan, head of audience engagement for the FT, agreed and added: "The idea that fake news is part of the conversation means that news itself is part of the conversation. People paying for Netflix means they are are paying for content online. There is, more than ever, a value for news as a social good in the ecosystem."
Patrick Walker, director of media partnerships, EMEA, for Facebook, mentioned the company's recently updated mission statement, and said Facebook realised that "just connecting the world doesn't necessarily make it a better place".
"We need to find ways to empower news organisations and individuals to connect to each other and not just in their sphere of political thought."
The report also found that brand attribution on social platforms is an issue, with fewer than half of people surveyed saying they could remember the news outlet that produced a story they read on social media.
Written by Madalina Ciobanu, published on 28 June, 2017 by journalism.co.uk. Read the full article here
