The ailing US news industry is bracing for more turmoil, with the COVID-19 pandemic expected to deliver an economic shock to the sector — just when people need credible information the most.
The impact is expected to be especially difficult for the country’s newspaper sector, which has endured a decade where 2,000 publications have disappeared and newsroom jobs have fallen by half.
News organizations are expected to take a hit from drops in advertising in an economic downturn, and could see declines in subscription revenue as readers pare expenses.
Conferences and events that some organizations have used to supplement their incomes are also likely to disappear as long as the health emergency persists.
“If you’re ad-supported and now heading into a period of short-term economic contraction, that’s very bad for your business,” said Gabriel Kahn, a journalism professor at the University of Southern California who follows industry economic trends. “For smaller local players that’s a direct hit they can’t easily recover from.”
The free Seattle weekly The Stranger last week warned of an impending crisis and asked readers for donations, saying that “90 percent of our revenue — advertising, ticketing fees and our own events — is directly tied to people getting together in groups. The coronavirus situation has virtually eliminated this income all at once.”
At the same time, the epidemic offers “an opportunity to turn the tide of the past few years” and rebuild trust with readers, University of Oregon journalism professor Damian Radcliffe said.
“At a time of a national and international public health crisis, communities need reliable, informed journalism more than ever,” he said.
Radcliffe said several news organizations have dropped online paywalls as an effort to show “journalism as an act of public good.”
Kahn agreed that for many newsrooms, “this is the moment they can develop a connection with their audience and establish their value.”
Joseph Lichterman, head of editorial and digital strategy at Lenfest Institute, which owns the Philadelphia Inquirer, said that news organizations would face huge challenges in covering the crisis as well as an opportunity.
“People tend to trust local media more than national media, so you want to have strong local news organizations,” he said.
However, he added that news organizations are being pressed to expand coverage as the health crisis worsens, creating additional problems.
“They have to deal with the logistics of keeping the business afloat and making sure their staff is safe,” he said.
Some research has pointed to the importance of local media in dealing with an epidemic, among other public interest matters.
A fire caused by a burst gas pipe yesterday spread to several homes and sent a fireball soaring into the sky outside Malaysia’s largest city, injuring more than 100 people. The towering inferno near a gas station in Putra Heights outside Kuala Lumpur was visible for kilometers and lasted for several hours. It happened during a public holiday as Muslims, who are the majority in Malaysia, celebrate the second day of Eid al-Fitr. National oil company Petronas said the fire started at one of its gas pipelines at 8:10am and the affected pipeline was later isolated. Disaster management officials said shutting the
DITCH TACTICS: Kenyan officers were on their way to rescue Haitian police stuck in a ditch suspected to have been deliberately dug by Haitian gang members A Kenyan policeman deployed in Haiti has gone missing after violent gangs attacked a group of officers on a rescue mission, a UN-backed multinational security mission said in a statement yesterday. The Kenyan officers on Tuesday were on their way to rescue Haitian police stuck in a ditch “suspected to have been deliberately dug by gangs,” the statement said, adding that “specialized teams have been deployed” to search for the missing officer. Local media outlets in Haiti reported that the officer had been killed and videos of a lifeless man clothed in Kenyan uniform were shared on social media. Gang violence has left
US Vice President J.D. Vance on Friday accused Denmark of not having done enough to protect Greenland, when he visited the strategically placed and resource-rich Danish territory coveted by US President Donald Trump. Vance made his comment during a trip to the Pituffik Space Base in northwestern Greenland, a visit viewed by Copenhagen and Nuuk as a provocation. “Our message to Denmark is very simple: You have not done a good job by the people of Greenland,” Vance told a news conference. “You have under-invested in the people of Greenland, and you have under-invested in the security architecture of this
Japan unveiled a plan on Thursday to evacuate around 120,000 residents and tourists from its southern islets near Taiwan within six days in the event of an “emergency”. The plan was put together as “the security situation surrounding our nation grows severe” and with an “emergency” in mind, the government’s crisis management office said. Exactly what that emergency might be was left unspecified in the plan but it envisages the evacuation of around 120,000 people in five Japanese islets close to Taiwan. China claims Taiwan as part of its territory and has stepped up military pressure in recent years, including