The News Industry Sees ‘Glimmers of Hope,’ Despite a Challenging 2020
BBC Global News, Vice Media and NPR execs discuss how Covid-19 changed them
(Clockwise from top left) Marketplace Tech host Molly Wood spoke with BBC Global News' Jim Egan, NPR's Nancy Barnes and Vice Media Group's Jesse Angelo about the state of news.
IAB
Key insights:
- While demand for news is significant right now, expenses are increasing as revenues fall.
- Covid-19 forced these news outlets to reevaluate their respective business models and adjust to new consumption patterns.
One of the most compelling panels from Day 3 of the NewFronts featured news executives from BBC Global News, Vice Media and NPR talking about the state of the news industry in 2020. Despite everything that has transpired in recent months, the trio said they were confident about the future of news, though not overwhelmingly so.
