This BuzzBin piece: "The Decline of Journalism According to John Oliver" offers a concise breakdown, although viewing the full segment is a must. (It's the first one on the video)
Just in case you missed it, here are the highlights:
- “The newspaper industry today is in big trouble. Papers have been closing and downsizing for years and that affects all of us.
- “A study of over 200 papers, found that between 2003 and 2014, the number of state house papers declined over 35 percent.”
- And this is the problem, “print ads are less popular with advertisers than they use to be, and online ads produce much less revenue. Between 2004 and 2014, newspaper gained 2 billion dollars in online ad revenue and unfortunately in that same period, they lost 30 billion in print revenue… And this has led to cutbacks in newsrooms.”
- “Extra digital demand being placed on journalists is now common throughout the industry.” If journalists are constantly required to write, edit, shoot videos and tweet, mistakes are going to get made.”
Read the rest of the BuzzBin piece.