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Plus Report - By Thomas Baekdal - November 2015

The Three Probable Future Paths of News

As a media analyst, my main job is to look at the trends, compare these to what people are doing today, and look at each resulting future path from a probabilistic view. That is, which outcome is the most likely one to happen, and over what span of time?

And when I look at the future of news, in simple terms, I see three possible paths. Let's explore these in this article:

Path #1: It's just a question of supply and demand

The first path is that nothing will happen to the role of journalism. This might seem a bit strange considering all the things that has already happened, but think about it like this.

What we have been seeing over the past 15 years is that the old geographic boundaries have opened up, and people can now get news from wherever they want. This means that the old markets of smaller local newspapers are now being replaced by bigger newspapers.

For instance, why read The Poughkeepsie Journal when you can read the New York Times for news and ESPN for sports?

You could argue that the transformation of news is simply a question of supply and demand. Since most newspapers cover the same stories as everyone else, we simply have too much supply of the same stories compared to the demand.

 
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Thomas Baekdal

Founder, media analyst, author, and publisher. Follow on Twitter

"Thomas Baekdal is one of Scandinavia's most sought-after experts in the digitization of media companies. He has made ​​himself known for his analysis of how digitization has changed the way we consume media."
Swedish business magazine, Resumé

 

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