Part One

Join us for a week-long exploration into the evolving landscape of business news media. This series will delve into the transformative shifts that have reshaped how news is delivered and consumed in the business world. From the rise of digital platforms and social media to the challenges faced by traditional print and broadcast media, we'll cover the innovations and the future trends that are redefining the field. Each day, we'll feature insights and forward-looking analyses to provide a comprehensive view of the current state and future potential of business news media.

1. Television (TV)

Audience Trends: From 2000 to 2024, television witnessed a significant shift in audience behavior. The early 2000s were dominated by traditional TV viewing, but the rise of streaming services such as Netflix, Amazon Prime, and Hulu around the mid-2010s led to what is often called the "cord-cutting" phenomenon. By 2024, digital streaming became the preferred method of consumption, particularly among younger demographics, while live TV remained relevant primarily for sports and real-time events.

Revenue Trends: TV advertising revenue saw a peak in the late 2000s but began to decline with the advent of digital platforms offering targeted ad capabilities. Subscription revenues for cable and satellite services decreased, while revenue for streaming services surged, reflecting changes in consumer preferences.

Factoid: TV - 1970s-1980s:

  • High Viewership: This era is often considered the "golden age" of television. Most households had a television, and viewing figures for popular shows could reach into the tens of millions in countries like the United States.
  • Limited Competition: Fewer channels and the lack of alternative digital media meant that television was one of the primary sources of entertainment and information. ( Source - ChatGPT 4.0o )

Part Two: We will cover other verticals - Radio / Newspaper & More!

George Moen:  Publisher / Co-Founder WRN News

Tags: #George Moen #Journalism #Newspapers #News #Digital News #Radio #Television #TV #Magazines

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